Montenegro communications operators Telenor are bought by the Hungarian company

The PPF Telecom group declared on October 27 sale 100% of the stocks Telenor Montenegro of the Hungarian companies 4iG Nirt. The parties agreed not to disclose the price of the transaction which usually is subject to the approval by competent regulator of Montenegro. It is expected that process will be complete by the end of 2021. "Our business strategy is focused on the markets which possess the considerable potential of growth and have weight in our portfolio. Therefore we decided to sell Telenor Montenegro of companies which has long-term interest further development this mobile operator" — Marek told...