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Mid Europa and EBRD creates the leading South East European pay TV platform

12/17/2012   •   Profession news
Mid Europa and EBRD creates the leading South East European pay TV platform

Mid Europa Partners ("Mid Europa") announced today the formation of the leading pay TV platform in South Eastern Europe (“SEE”), through the combination of SBB and Telemach, entities controlled by funds managed or advised by Mid Europa. The combined business will cater to more than 1.7 million users of cable TV, satellite TV, Internet, and fixed and mobile telephony services across the countries of the former Yugoslavia, a regional market of over 20 million inhabitants.<br>As part of the transaction, SBB/Telemach Group raised €330 million of senior financing from eight regional and international banks.