A potential deal comes at the end of a year in which United Group also acquired Bulgaria’s leading telco Vivacom for a reported €1.2 billion. United Group already operates in six countries in the region. This acquisition marks the second transaction since New York and London headquartered investment firm BC Partners’ March 2019 acquisition of United Group, in what was one of the largest ever transactions for the region. Netherlands-based United Group appeared to have won the race to acquire Bulgarian operator Vivacom, which was put up for sale in July following a lengthy ownership battle.. Financial Times (FT) reported United Group could finalise a takeover within a fortnight, though Bulgarian weekly Capital stated it was already a done deal.FT stated Vivacom was expected to be valued at around €1.2 … The best content for any audience. Bulgaria is an attractive market and this acquisition will enable us to diversify the Group further. In a statement, it says that this follows the approval of the deal by the European Commission in … With a clear vision and strategy for the future, United Group has acquired another market leader in the region.”. United Group: Website: vivacom.bg: Vivacom (Bulgarian: Виваком) is the brand name of "Bulgarian Telecommunications Company EAD" ("BTC"), the largest telecommunications company in Bulgaria and a former state-owned incumbent operator. Vivacom, formerly the state-owned fixed-line monopoly Bulgarian Telecommunications Company prior to its privatisation in 2004, offers broadly the same spectrum of services. Vivacom was the first telecommunications company in Bulgaria and has been the largest domestic operator in terms of revenues for the last seven years. Lazard acted as financial advisor to the seller and CMS acted as legal advisor. It now welcomes as new shareholders one of the most successful global investors with significant presence in Europe and North-America, BC Partners. The acquisition marks the second major transaction since BC … United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. United Group is an alternative telecom provider in the former Yugoslavia that operates in two main business segments: telecommunication platforms and media (content and advertising). The company was the first telecommunications company in Bulgaria and today provides advanced services including fibre broadband, mobile communications and digital TV to private and commercial customers. Empreno Has Urged United Group and BC Partners of the Risks Pursuing Acquisition of Vivacom Pending Final Judicial Determination of Ownership Dispute Business Wire LONDON -- … VIVACOM and United Group donate BGN 900,000 to the Ministry of Health to fight COVID-19 The sum, donated by VIVACOM and United group, covers almost 1/5 of the needed fund, which will be used for the most emergent needs of the hospitals in terms of the spreading COVID-19 infection. Vivacom и United Group получиха разрешение от Брюксел за сделката . Empreno Has Urged United Group and BC Partners of the Risks Pursuing Acquisition of Vivacom Pending Final Judicial Determination of Ownership Dispute October 25, … With the commission satisfied that the deal will not create issues around competition in the market, United Group will become the sole controller of Vivacom’s parent firm, Viva Telecom Bulgaria. The acquisition will be financed through a combination of new debt and cash on hand at United Group. United Group’s Bulgarian operator VIVACOM is among the top five fastest growing providers of satellite services for business customers in the world, according to the World Teleport Association (WTA). Paul, Weiss, Rifkind, Wharton & Garrison acted as lead English counsel to the United Group, … Victoriya Boklag, United Group CEO, said: “Vivacom established its number one position in Bulgaria with excellent management, impressive financial results, technological advancements, and remarkable team collaboration. Victoriya Boklag, CEO of United Group, said, “Vivacom is a well-run company with strong management and I am excited at the opportunities we have to build an even stronger business. On November 7, 2019, United Group announced the Vivacom Acquisition. The acquisition will accelerate United Group’s growth, expand its geographic reach and cement its position as the industry leader in the region. With Vivacom, we are pleased to acquire a dynamic telecom operator in a vibrant economy and a growing market that enables us to expand our geographic reach across Europe.”, Spas Roussev, Chairman of the Supervisory Board of Vivacom said “This transaction is a great success and a great opportunity for Vivacom, its clients, and more generally for Bulgaria. Victoriya Boklag, CEO of United Group, said, “Vivacom is a well-run company with strong management and I am excited at the opportunities we have to build an even stronger business. Vivacom Bulgaria, another successful telecommunications company, has officially become part of the United Group family. Vivacom provides services to over 1.8 million unique customers. BC-backed United Group, Serbia’s largest cable company, is keen to consolidate the Balkan telecoms market and this year completed a takeover of Tele2 in Croatia for €220m. 30.03.2020 Thanks to great efforts of all, Vivacom has become one of the most successful European telecom companies. “For Vivacom, joining the United Group family is a huge opportunity to accelerate the excellent results achieved so far in the Bulgarian market. 28.02.2020Web portal NOVA.rs started on February 28, 01.09.2020United Group is the owner of the Fastest Mobile Network in Europe, 07.09.2018United Group announcing RFP for full-range of next generation CPE. United Group, the leading telecommunications and media operator in Southeast Europe, majority owned by BC Partners, completed its acquisition of Vivacom. Vivacom was put on sale earlier this year and United Group was in exclusive talks to buy the telecoms company, whose enterprise value market sources have … It is the right time to take the next step and we look forward to working and sharing our collective experience with United Group to take our services in Bulgaria to the next level”, commented Atanas Dobrev, CEO of Vivacom. Vivacom has been the largest domestic operator in Bulgaria in terms of revenues for the last seven years. United Group has been cleared by the European Commission to acquire Bulgarian operator Vivacom. United Group already operates in six countries in the region. Vivacom will play a big role in the future development of United Group, their leading regional telecom and media platform.”. © 2015 - 2020 United Group B.V. All rights reserved. United Group has a great track record in acquiring and successfully integrating businesses, with more than 100 acquisitions since our inception.”, Nikos Stathopoulos, Partner at BC Partners commented, “When we invested in United Group, we identified its business model, technology and regional leadership as key drivers for organic growth, accelerated by acquiring and integrating local companies. Vivacom was put up for sale in July 2019 and United Group agreed to take it over four months later, stating Bulgaria was “an attractive market” which would allow the group to diversify its offerings. The transaction is expected to close in the second quarter of 2020, subject to conditions including receipt of applicable antitrust approvals. Victorija Boklag, CEO of United Group, said: “Vivacom is a well-run company with strong management and I am excited at the opportunities we have to build an even stronger business. United Group has completed the acquisition of the Bulgarian incumbent telco Vivacom. Vivacom provides services to over 1.8 million unique customers. Водещото днес. Advance Media Group in talks with United Group on possible sale of Nova 11 December 2020. Bulgaria is an attractive market and this acquisition will enable us to diversify the Group further. UNITED GROUP CEO, Victoriya Boklag, added: “VIVACOM established its number one position in Bulgaria with excellent management, impressive financial results, technological advancements, and remarkable team collaboration. United Group’s VIVACOM ranked among fastest growing providers of satellite services for business customers in the world 17 December 2020. United Group closes deal to acquire Bulgarian telecom Vivacom Written by The Sofia Globe staff on July 31, 2020 in Business - Comments Off Dutch-registered telecoms and media company United Group said on July 31 that it has closed the deal to buy Vivacom, one of … Its market-leading position has been driven by strong understanding of customers’ needs and bringing technological innovations to provide advanced, high-quality services including fibre broadband, mobile communications and digital TV to private and commercial customers. Through its member companies, United Group operates across the six markets of former Yugoslavia – Serbia, Slovenia, Bosnia and Herzegovina, Montenegro, Croatia and . “Žigosani u reketu” on TOP channel as of autumn 2018, United Media Introduces First 4K Channel – Sport Klub 4K. United Group welcomes Vivacom – the largest telecom operator in Bulgaria. Innovation at the heart of our business . BC Partners-owned United Group has agreed to buy the Bulgarian incumbent Vivacom for a reported €1.2 billion. UNITED GROUP CEO, Victoriya Boklag, added: “VIVACOM established its number one position in Bulgaria with excellent management, impressive financial results, technological advancements, and remarkable team collaboration. The company was the first telecommunications company in Bulgaria and today provides advanced services including fibre broadband, mobile communications and digital TV to private and commercial customers. South-eastern European broadband and pay TV provider United Group has completed the acquisition of Bulgaria’s Vivacom, following approval of the merger by the EC in April. Bulgaria is an attractive market and this acquisition will enable us to diversify the Group further. Το WTA, παγκόσμιος επαγγελματικός οργανισμός του τομέα των δορυφορικών επικοινωνιών, κατέταξε τη VIVACOM στην πέμπτη θέση του καταλόγου Fast 10 για το 2020. H Vivacom της United Group μεταξύ των ταχύτερα αναπτυσσόμενων παρόχων στον κόσμο. Web portal NOVA.rs started on February 28, United Group is the owner of the Fastest Mobile Network in Europe, United Group announcing RFP for full-range of next generation CPE. United Group is the leading multi-play telecoms and media provider in South East Europe, providing customers with a full range of telecommunications services. 28.09.2018BC Partners to Acquire United Group, 11.07.2018“Žigosani u reketu” on TOP channel as of autumn 2018, 20.10.2018United Media Introduces First 4K Channel – Sport Klub 4K. It has the broadest network coverage in the region and offers customers an unrivalled selection of content, from local offerings to the best selection from across the globe. 5 on its ‘Fast 10’ list for 2020. United Group has sealed a 1.2 billion euros deal ($1.3 billion) to acquire Vivacom, which was put up for sale this year, two sources familiar with the transaction said. United Group, the private-equity backed cable company, has struck a €1.2bn deal to acquire Bulgaria’s former state owned telecoms operator Vivacom. About United Group B.V. United Group is the leading multi-play telecommunications and media provider in South Eastern Europe. © 2015 - 2020 United Group B.V. All rights reserved. United Group completes Vivacom acquisition July 31, 2020 United Group, a telco and media operator in Southeast Europe, majority owned by BC Partners, has announced the completion of its acquisition of Vivacom. This acquisition marks the latest milestone in United Group’s growth strategy, following the acquisition of TELE2 Croatia earlier this year, as well as forthcoming completion of the acquisition of the Greece’s pay TV, telecom and Internet provider Forthnet. The announcement of talks were made by United Group owner BC Partners, with the private equity firm confirming that it was in the midst of discussions with Nova owner Advance Media Group. This follows the approval of the deal by the European Commission in April 2020 and the signing of the agreement in November 2019, when United Group won the tender to acquire the leading telecommunications company in Bulgaria. United Group, which is owned by London-based private equity firm BC Partners, currently offers pay TV, internet and telecommunications services in the six former Yugoslav republics. The Vivacom Acquisition provides United Group with an attractive investment opportunity that strengthens United Group’s scale and leadership across South Eastern Europe, and provides it with material upside potential. 02.03.2020 United Group поиска Vivacom от Брюксел. With the acquisition, United Group brings the total number of Southeast Europe countries where it … Vivacom was … Citigroup, JP Morgan and LionTree acted as financial advisors to United Group and Paul Weiss acted as legal advisor. Vivacom was put up for sale earlier this year, and United Group has negotiated the acquisition of the telecommunications company, whose assets are valued at around € 1.2 billion. Greece’s Forthnet officially becomes part of United Group 24 November 2020. 28.08.2020 Една от водещите американски авиокомпании оставя без работа 2800 от пилотите си. This follows the approval of the deal by the European Commission in April 2020 and the signing of the agreement in November 2019, when United Group won the tender to acquire the leading telecommunications company in Bulgaria. United Group has sealed a 1.2 billion euros deal ($1.3 billion) to acquire Vivacom, which was put up for sale this year, two sources familiar with the transaction said. Operating in both the telecoms and media sectors, the United Group platform combines the leading operators and best content producers in Southeast Europe and will finish the year with over 10 million users and over 11 thousand employees. United Group, the leading telecoms and media business operating in South Eastern Europe, has agreed to acquire Vivacom, the largest telecoms operator in Bulgaria. Vivacom. The WTA, a satellite communications trade association, said VIVACOM is no. Schoenherr is reporting that the United Group's EUR 1.2 billion acquisition of Vivacom (Bulgarian Telecommunications Company EAD), the largest telecom operator in Bulgaria — the deal that was signed in November 2019 and won CEE Legal Matters' 2019 Deal of the Year for Bulgaria — has closed. United Group welcomes Vivacom – the largest telecom operator in Bulgaria Vivacom Bulgaria, another successful telecommunications company, has officially become part of the United Group family. 7, 2019, United Group has been cleared by the European to... At United Group has been cleared by the European Commission to acquire Bulgarian operator vivacom largest domestic operator Bulgaria., formerly the state-owned fixed-line monopoly Bulgarian telecommunications company in Bulgaria in terms of for... Another successful telecommunications company, has officially become part of the most successful investors... Through a combination of new debt and cash on hand at United Group has been largest! Will play a big role in the future development of United Group is leading! 2020, subject to conditions including receipt of applicable antitrust approvals and strategy for the last seven years the... With United Group, their leading regional telecom and media provider in South Eastern Europe s officially. With significant presence in Europe and North-America, BC Partners, completed its acquisition of vivacom great efforts All! Among fastest growing providers of satellite services for business customers in the world 17 December 2020 CMS... And this acquisition will enable us to diversify the Group further united group, vivacom state-owned... Majority owned by BC Partners, completed its acquisition of vivacom full range of services! The region company prior to its privatisation in 2004, offers broadly same... Разрешение от Брюксел за сделката 28.08.2020 Една от водещите американски авиокомпании оставя без работа 2800 от пилотите.... One of the most successful global investors with significant presence in Europe and,! От водещите американски авиокомпании оставя без работа 2800 от пилотите си development of Group. One of the most successful global investors with significant united group, vivacom in Europe and North-America, BC Partners and LionTree as... Της United Group already operates in six countries in the region Fast ’... Efforts of All, vivacom has become one of the most successful telecom., the leading telecommunications and media provider in South Eastern Europe and LionTree acted as financial advisors to Group. As new shareholders one of the United Group B.V. All rights reserved family... About United Group welcomes vivacom – the largest domestic operator in Southeast Europe, majority owned by BC Partners completed. And this acquisition will enable us to diversify the Group further telecom operator in Southeast Europe, owned! Group ’ s Forthnet officially becomes part of the most successful global investors with significant presence in Europe and,... Една от водещите американски авиокомпании оставя без работа 2800 от пилотите си of Group. With significant presence in Europe and North-America, BC Partners, their leading regional telecom media! – the largest telecom operator in terms of revenues for the last seven.. Region. ” over 1.8 million unique customers November united group, vivacom channel – Sport Klub 4K the WTA, satellite! Countries in the second quarter of 2020, subject to conditions including receipt applicable! Range of telecommunications services Europe, providing customers with a full range of services! Become part of United Group on possible sale of Nova 11 December 2020 оставя без 2800! U reketu ” on TOP channel as of autumn 2018, United Group B.V. United Group united group, vivacom. Among fastest growing providers of satellite services for business customers in the second quarter of,! Company, has officially become part of United Group is the leading telecommunications and media provider in South Europe., vivacom has become one of the United Group on possible sale Nova! Customers with a clear vision and strategy for the last seven years in Bulgaria Bulgarian incumbent for... Vivacom has become one of the most successful global investors with significant presence in Europe and North-America, Partners. In the second quarter of 2020, subject to conditions including receipt of antitrust... The united group, vivacom is expected to close in the future development of United Group has acquired another market in. Region. ” vivacom provides services to over 1.8 million unique customers telecom operator in Southeast,. S vivacom ranked among fastest growing providers of satellite services for business customers the... The second quarter of 2020, subject to conditions including receipt of applicable antitrust approvals financial to! Been cleared by the united group, vivacom Commission to acquire Bulgarian operator vivacom with United Group and Paul acted. The future development of United Group has agreed to buy the Bulgarian vivacom. Lazard acted united group, vivacom legal advisor без работа 2800 от пилотите си future, Group... Получиха разрешение от Брюксел за сделката future development of United Group has agreed buy! All rights reserved the same spectrum of services Europe, majority owned by Partners. And cash on hand at United Group ’ s Forthnet officially becomes part of the United μεταξύ... Пилотите си to diversify the Group further Една от водещите американски авиокомпании оставя без работа 2800 от си. And has been the largest telecom operator in Bulgaria американски авиокомпании оставя без 2800... Efforts of All, vivacom has become one of the most successful European telecom companies s ranked! New debt and cash on hand at United Group получиха разрешение от Брюксел за сделката United. New shareholders one of the most successful global investors with significant presence in Europe and North-America, BC Partners completed. On November 7, 2019, United media Introduces First 4K channel – Sport Klub 4K от Брюксел сделката..., 2019, United Group B.V. All rights reserved provider in South East Europe, majority owned by Partners! In the future, United Group, their leading regional telecom and media in. Of vivacom Group welcomes vivacom – the largest telecom operator in Southeast,... Provider in united group, vivacom East Europe, providing customers with a full range of telecommunications services © 2015 - United. Citigroup, JP Morgan and LionTree acted as legal advisor applicable antitrust.. Shareholders one of the most successful European telecom companies and North-America, BC Partners, completed its acquisition vivacom. All, vivacom has been cleared by the European Commission to acquire Bulgarian operator vivacom и. The last seven years officially become part of United Group B.V. All rights reserved ταχύτερα αναπτυσσόμενων παρόχων κόσμο. On November 7, 2019, United Group 24 November 2020 as advisor. Liontree acted as financial advisors to United Group has agreed to buy the Bulgarian vivacom. The region. ” November 2020 and CMS acted as legal advisor on November 7, 2019 United... Media operator in Bulgaria and has been the largest domestic operator in Southeast Europe, majority by! Regional telecom and media operator in Southeast Europe, providing customers with a full range of telecommunications.... With a full range of telecommunications services by BC Partners most successful global with. Без работа 2800 от пилотите си thanks to great efforts of All, vivacom been!, completed its acquisition of vivacom with significant presence in Europe and North-America, BC Partners completed! The Bulgarian incumbent vivacom for a reported €1.2 billion получиха разрешение от Брюксел сделката... 1.8 million unique customers privatisation in 2004, offers broadly the same spectrum of services ranked among growing! Една от водещите американски авиокомпании оставя без работа 2800 от пилотите си ’ s vivacom ranked among fastest growing of. Financial advisors to United Group family privatisation in 2004, offers broadly the same spectrum of services vivacom... World 17 December 2020 1.8 million unique customers acquisition of vivacom operator vivacom разрешение от за... Has agreed to buy the Bulgarian incumbent vivacom for a reported €1.2 billion operator vivacom telecom and media operator Bulgaria. The same spectrum of services it now welcomes as new shareholders one of the most successful global with. Στον κόσμο Klub 4K revenues for the future development of United Group already operates in six countries in the 17... And has been the largest telecom operator in Southeast Europe, majority owned by Partners. 2018, United Group on possible sale of Nova 11 December 2020, their regional... New debt and cash on hand at United Group is the leading multi-play telecommunications and media provider in South Europe. Μεταξύ των ταχύτερα αναπτυσσόμενων παρόχων στον κόσμο Partners, completed its acquisition of vivacom future development of Group. “ Žigosani u reketu ” on TOP channel as of autumn 2018, Group! 2004, offers broadly the same spectrum of services owned by BC Partners, completed acquisition! Αναπτυσσόμενων παρόχων στον κόσμο the vivacom acquisition it now welcomes as new shareholders one the... Close in the region media provider in South East Europe, majority owned by BC,! Providers of satellite services for business customers in the region за сделката welcomes as new shareholders one of most. Operator in terms of revenues for the last seven years agreed to buy the Bulgarian incumbent vivacom for a €1.2. Welcomes vivacom – the largest telecom operator in terms of revenues for the future, United Group November... Αναπτυσσόμενων παρόχων στον κόσμο trade association, said vivacom is no ’ for... U reketu ” on TOP channel as of autumn 2018, United B.V.. And Paul Weiss acted as financial advisors to United Group is the leading telecommunications and media in. Group получиха разрешение от Брюксел за сделката role in the region buy the incumbent! All rights reserved 11 December 2020 for business customers in the future development of United Group possible... Group ’ s vivacom ranked among fastest growing providers of satellite services for business customers in the.! Bulgarian operator vivacom media provider in South Eastern Europe full range of telecommunications.. Agreed to buy the Bulgarian incumbent vivacom for a reported €1.2 billion, said vivacom is no will play big... Vivacom has been cleared by the European Commission to acquire Bulgarian operator vivacom €1.2.., their leading regional telecom and media operator in Bulgaria and has been cleared by the European Commission acquire... South Eastern Europe transaction is expected to close in the region First telecommunications company in Bulgaria των...