Locked content UPC mulls acquisitions

Despite withdrawing from acquiring cable operator Multimedia, UPC Polska is still interested in acquisitions in Poland, company’s CEO Robert Redeleanu confirmed. “We still see opportunities on the market, we will have to re-evaluate them. Our biggest challenge is to maintain organic growth,” he said...

Locked content UPC withdraws from taking over Multimedia

Cable TV operator UPC Polska, owned by the US giant Liberty Global, withdrew its application to buy rival Multimedia, antitrust watchdog UOKiK informed. Both sides failed to reach agreement on revised terms of the deal. The PLN 3 billion deal, announced back in October was subject to potential downw...

Locked content Play signs infrastructure deal with UPC

WSE-listed telecom Play signed a deal with cable TV operator UPC on cooperation in providing telecommunication services. According to it, Play will act as an infrastructure operator for UPC, which will launch its own mobile services as a virtual operator (MVNO). “The above transaction is in line wit...

Locked content Inea up for sale

Private equity firm Warburg Pincus is considering selling its controlling stake in Polish cable operator Inea, according to Reuters. Warburg Pincus acquired 72 percent stake in the cable operator back in 2013. Inea, which operates mostly in the west of Poland has been considering expansion, and the ...

Locked content UPC acquires Multimedia

Shareholders Multimedia Poland have concluded a preliminary agreement for the sale of 91,764,808 shares, representing 100 percent of the company’s share capital to UPC Poland. The conclusion of the final contract for sale of shares will be subject to approval by the Office of Competition and C...

Locked content Liberty Global to invest up to PLN 4 billion in 5 years

The owner of cable TV and telecommunications services firm UPC, Liberty Global, has pledged to invest PLN 4 billion within the next five years to double its coverage and reach six million households, said Frans-Willem de Kloet, CEO, UPC Polska. “Financing will come from our own means, from our...

Locked content Liberty Global close to buying Multimedia

Liberty Global, which owns Poland’s largest cable operator UPC, is close to agreeing a takeover of UPC’s local rival Multimedia in a deal that would create a business covering half of the Polish cable market, Reuters quoted Polish daily Puls Biznesu. The daily said that the two operators...