Telemach sirokopasovne komunikacije d.o.o. acquired Serbia Broadband from Mid Europa Partners LLP and other sellers on December 12, 2012. As part of the transaction, Serbia Broadband and Telemach Group raised €330 million of senior financing from eight regional and international banks namely BNP Paribas, Erste Group Bank, ING Bank and Unicredit as Co-ordinators & MLAs, and Banca IMI, Credit Agricole CIB, Raiffeisen Bank International and Société Générale as MLAs to refinance existing debt and fund further acquisitive growth, with the balance being available to shareholders. Stefan Tzvetkov, Andrej Babache, Viktoria Habanova and Krzysztof Jedrzejek of Mid Europa arranged the transaction.

Telemach sirokopasovne komunikacije d.o.o. completed the acquisition of Serbia Broadband from Mid Europa Partners LLP and other sellers on December 12, 2012.