United Group B.V. is planning to invest €700m over the next five years in the SEE region. The telecommunication and media company reported nearly €650m in revenue in 2018, up by 20 percent from the previous year. United Group was established in 2000. It has about 3.8 million active accounts in the telephone, TV and Internet segments and employs 4,500 people. BC Partners bought the majority shares in United Group from the KKR fund earlier this year.