Europronet operates as a full local Telecom Operator and an Internet Service Provider throughout Bosnia & Herzegovina and has an extensive residential and corporate customer base in this region. It also provides field engineer services to financial institutions and has an important international market through its wholesale business.
Europronet's strong position in the Balkan's region and in the retail market particularly, will provide Adamant with the following benefits and opportunities:
A large customer base for Adamant's range of digital products and services.
Opportunities to capitalize on Europronet's strong business relationship with the local Tier 1 Fixed and Mobile Operators by offering them Upco Messenger and Upco's payment solution.
Access to the interconnections of Europronet's local carriers for Adamant's Telecom International Operations.
Andrea Pagani, CEO of Adamant Global, commented: "Europronet's operation is a very significant milestone in the life of the company - and a complement to Adamant's structure and growth plan. This acquisition will provide us with a strong presence in the Balkans and a large base of residential and business customers, which we can leverage to expand our Telecommunications Business and deploy our Fintech Solution. These are key steps in consolidating and reinforcing Adamant's balance sheet."
EUROPRONET is a Licensed Carrier Operator and a European Internet service provider (ISP) based in Sarajevo, Bosnia. It was founded in...
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