Gecić Law Advises Telekom Srbija on Landmark €1.5 Billion Telecom Transaction
TerraLex congratulates its Serbian member firm, Gecić | Law, who served as lead legal advisor to Telekom Srbija Group in one of the largest telecom transactions in Western Balkans history, a €1.5 billion deal that strengthened Telekom Srbija’s market position and expanded its digital media and sports content portfolio. The acquisition includes NetTV Plus, direct-to-home (DTH) operations in Serbia and North Macedonia, and Western Balkans Sport Klub rights licenses from United Group.
Gecić Law provided strategic legal counsel across corporate/M&A, regulatory, finance, and competition matters, ensuring seamless execution. The firm collaborated with fellow TerraLex members LALIVE and Fellner Wratzfeld & Partner, among other advisors, to navigate the complexities of this high-value, cross-border transaction. With regulatory approvals pending and closing expected in the first half of 2025, Gecić Law continues to support Telekom Srbija through the final stages.
This milestone deal underscores the Western Balkans' increasing role in major telecom investments and highlights Gecić Law’s expertise in delivering transformative, high-stakes transactions that drive industry growth. Tremendous accomplishment by TerraLex's European Vice-Chair Bogdan Gecić and his team. The matter exemplifies the excellent cooperation and collaboration between TerraLex member firms.