London (OTE) – London (ots/PRNewswire)
– Stan Miller appointed CEO to lead United Group as it strategically
refocuses its business on EU markets following successful sale of non
-EU operations
– Together with Stan, Libor Voncina appointed deputy CEO, each bring
decades of industry experience and proven track record in the
European telecoms and media sectors
– Founder Dragan Šolak and CEO Victoriya Boklag to step down from
their current positions
United Group BV (“UG”), the leading telecommunications and media
provider in Southeastern Europe, majority-owned by leading
international investment firm BC Partners, today announces the
appointment of Stan Miller as CEO and Libor Voncina as Deputy CEO. As
part of these leadership changes, Dragan Šolak, Founder of United
Group, and Victoriya Boklag, CEO, will step down from their current
roles.
The appointment of Stan and Libor reflects United Group’s
strategic shift towards EU markets, having successfully completed the
monetisation of its telecom assets outside of the EU earlier in 2025
through the sale of SBB to E& PPF and the sale of Net TV Plus and its
sports broadcasting rights in the Western Balkans to Telekom Srbija.
These assets were sold for a combined enterprise value of Ꞓ1.5bn,
reflecting the strategic premium of the business. United Group today
serves over 40m customers, delivering c. Ꞓ3bn in revenue and c.Ꞓ1bn
EBITDAaL across its core markets, underlining the scale and strength
of its offering across EU markets.
Stan Miller is a proven industry executive with over 30 years’
experience and a successful track record in delivering growth in the
fast evolving and consolidating European Telecommunications and Media
sectors. Over the course of his career, he has held senior management
positions, including as CEO of KPN Mobile and former Board Member of
Royal KPN, and his experience includes the significant value creation
in companies operating across very diverse markets in both Europe and
beyond.
Libor Voncina, appointed Deputy CEO, has more than 20 years’
experience in telecoms, including as former CEO of Telecom Slovenia,
KPN Mobile International and Sunrise Communications, where he led the
successful IPO of the company on the Swiss Stock Exchange.
Nikos Stathopoulos, Chairman, Europe at BC Partners said: ” In
our six-year partnership with United Group, we have worked together
with Dragan and team to quadruple the size of the business and
successfully diversify it away from a regional operator into a major
European platform with significantly strengthened EU positioning.
Following our strategic divestment of UG’s non-EU assets, the company
today is a focused operator with leadership positions across key high
-growth EU markets, where the business offers leading converged
mobile and fixed telco services and where we see considerable above-
industry growth and further consolidation potential.
“With a proven track record of successfully leading and growing
European telecom businesses, Stan and Libor are the right executives
to lead UG as it executes the next stage of its strategy. We want to
thank Dragan and Victoriya for their work in building the business to
where it is today and wish them success in their future endeavours.”
About BC Partners
BC Partners is a leading investment firm with Ꞓ40 billion in
assets under management across private equity, private debt, and real
estate strategies. Established in 1986, BC Partners has played an
active role for over three decades in developing the European buy-out
market. Today BC Partners integrated transatlantic investment teams
work from offices in Europe and North America and are aligned across
our four core sectors: TMT, Healthcare, Services & Industrials, and
Food. Since its foundation, BC Partners has completed over 128
private equity investments in companies with a total enterprise value
of over Ꞓ160 billion and is currently investing its eleventh private
equity buyout fund.
For further information, please visit https://www.bcpartners.com/
About United Group
United Group is the leading telecommunications and media group in
Southeastern Europe. Operating across eight countries with more than
15,000 employees, the Group achieves an annual revenue of over c. Ꞓ3
billion. In the telecommunications sector, more than 5.42 million
households and more than 7.65 million mobile subscribers benefit from
the largest FTTH (Fiber to the Home) network in Southeastern Europe,
intensive investments in United Group’s 5G network, and state-of-the-
art fixed and mobile connectivity. Under the United Fiber brand, the
Group consolidates its fixed infrastructure asset portfolio to
further accelerate and strengthen its investments in EU-based
countries by creating strong synergies and bringing its investment
capabilities to the next level.
Its media arm, United Media, produces and distributes compelling
TV content, with major sports, news and entertainment formats,
reaching a vast audience of 40 million people through its market-
leading free-to-air channels complemented by a compelling portfolio
of Pay-TV channels. With a current capacity of producing over 40,000
hours of original local content annually, United Media manages 60 TV
channels, 40 web and trusted news portals, more than 10 print
editions and radio stations.
For further information, please visit: https://united.group/
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