[June 11, 2013] VIPnet acquires residential infrastructure assets of Metronet telekomunikacije Tweet Jun 11, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- VIPnet d.o.o., a telecom operator, has acquired the residential infrastructure assets of Metronet telekomunikacije d.d., a provider of communication solutions to the business customers. Both the companies are based in Croatia. Vipnet is a unit of Telekom Austria AG, an Austria-based provider of telecommunication services. Concurrently, VIPnet has also acquired Kabelska Televizija Sibenik d.o.o and OKI. Rumor (January 08, 2011): According to Bloomberg, Die Presse newspaper reported that Telekom Austria is planning to acquire Metronet telekomunikacije for a price of about two-digit million euro. Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2013-06-06 Deal Participants Target (Company) Metronet telekomunikacije d.d. - Residential Infrastructure Assets Acquirer (Company) VIPnet d.o.o. Vendor (Company) Metronet telekomunikacije d.d. Deal Rationale The acquisitions will expand VIPnet's fixed infrastructure business in Zagreb, Piraeus, Samobor, Sibenik, and Dubrovnik regions in Croatia. [ Back To TMCnet.com's Homepage ]