Telemach – a cable TV operator in Bosnia and Herzegovina, has been approved a EUR 25 million syndicated loan by the European Bank for Reconstruction and Development (EBRD). The company will use the money for upgrading its existing network and future domestic acquisitions.
Telemach is a leading provider of Slovenian cable TV, telephony and broadband internet services and offers its services in the cities of Sarajevo, Mostar and the surrounding areas. The company maintains an extensive network through a combination of coaxial and fiber-optic components. The firm is owned by Mid Europa Partners, an investment group operating in Central Europe.