Actis has announced that the macro tower portfolio acquired from Telekom Srbija in January 2024 will be relaunched under the brand Connectis Tower.

In a statement, the company said that Connectis Tower will operate across the Balkans, with a portfolio of around 1,800 macro towers.

This consists of around 1,000 towers in Serbia, 700 in Bosnia & Herzegovina, and 100 in Montenegro.

Actis acquired the tower assets earlier this year from Serbia's Telekom Srbija. In doing so, Actis took full control of the macro sites.

The company at the time also committed to expanding the number of towers it operates across the region.

This week, Actis confirmed that Bogdan Djukic will lead the company as group CEO. Djukic has previous experience in the tower sector, notably as general manager at EuroTeleSites in Serbia and Slovenia, and was part of the company’s management team.

"We have ambitious plans to expand our tower portfolio in the coming years and to provide more opportunities for enhanced service to network operators in the Balkans," said Djukic. "I look forward to continuing this important work with Actis and Connectis Tower to deliver an ambitious strategy in the region."

Actis noted that independent tower companies can provide benefits to the telecoms industry as they provide shared infrastructure that reduces operational and capital expenditures.

It adds that such a model can help enable the quicker deployment of new technologies, such as 5G.