The Commission for Protection of Competition of Serbia has approved the takeover of media content distributor Polaris Media from Nis by Telekom Srbija.

The majority owner of Polaris Media is Bulgarian resident Maksim Veselinov Zayakov, and the companys total income in 2018 was around RSD 240 million.

Telekom Group features Telekom Srbija, mts Antena, YUNET, Kopernikus Technology, Radijus Vektor, AVCOM, MASKO, BPP ING, SAT TV Meteor, Telemark Systems, EXE NET, JM Oskar, Limes, Vizija, SRB Digital and Charlie Plus.

On the Serbia internet services market, Telekom has a share of 50 to 60%, whereas its media distribution share is 40 to 50%.