Telekom consolidates in Montenegro

By Chris Dziadul | May 1, 2009

The Hungarian incumbent telco Magyar Telekom has given the go-ahead to the consolidation of its operations in Montenegro.
It will see T-Mobile Crna Gora and Internet CG, its respective mobile and internet subsidiaries, into a single entity named Crnogorski Telekom.

Magyar Telekom operates a successful IPTV operation in Montenegro that ended 2008 with 17,531 subscribers, a 631.4% increase on the Q4 2007 total.