On 1 December 2006, the mobilkom Austria group became the owner of the third mobile telephone license in Serbia for GSM 900/1800 and UMTS networks, through a payment of €320 million. The license was legally transferred to Vip.
Considering the great potential of the Serbian telecommunications market, the mobilkom Austria group has planned to invest up to €570 million in its first four years of operations, including the €320 million it spent on acquiring its operating license in Serbia in 2006. This makes Vip the biggest Greenfield investment in Serbia so far.[4] In 2008, Vip became general sponsor of Serbian national volleyball team.
According to the 2015 annual financial report, company had revenue of €206.8 million, with 2.1 million customers it held a market share of 22,5%.[5]
Network information
The IMSI - Network Code of Vip is 220-05 and MSISDN Network Codes are 060 (international: +381 60), 061 (international: +381 61) and 068 (international: +381 68).
Network technology
2G (GSM, GPRS, EDGE up to 250 kbit/s) on 900 MHz and 1800 MHz
3G (HSPA+ up to 42 Mbit/s) on 900 MHz and 2100 MHz
Vip previously used national roaming with mt:s and Telenor.
License obligations for the end of 2010 require Vip to cover 80% of territory and 90% of population with its own quality signal. So far, all requirements in terms of coverage given by the license are achieved and Vip signal is available all over Serbia.
