Locked content Vectra applies to buy Multimedia Polska – UOKiK

Vectra filed an application to the Office of Competition and Consumer Protection (UOKiK) regarding the acquisition of control over Multimedia Polska (MMP), and as a consequence, over the subsidiaries of MMP – the Office stated. Vectra filed the application on August 27, the case is in progress...

Locked content Vectra fined for prolonging contracts without clients’ consent

Vectra, an internet service provider will be fined PLN 493,252 for prolonging users’ contracts without their explicit permission. The six-month contracts signed by clients were automatically prolonged. The Polish Office of Competition and Consumer Protection (UOKiK) announced that “furth...

Vectra withdraws from buying stake in Netia

Cable TV operator Vectra has decided to cancel its tender for 33 percent in Poland’s second largest telecommunications firm Netia, the bidder said in a statement on Thursday. The minimum subscriptions threshold has not been achieved, the statement said.

Locked content Mennica Polska buying up Netia shares

Coin and numismatics firm Mennica Polska, a company from the capital group of well-known businessman Zbigniew Jakubas, is buying up shares in telecom group Netia, Mennica’s CEO Grzegorz Zambrzycki told Parkiet. Mennica Polska has been buying the shares at PLN 5.49-5.50 apiece, which is more than the...

Locked content Vectra raises price in bid for Netia

Cable TV operator Vectra has raised the price in its tender offer for 33 percent in telecom Netia, the company said in a statement on Wednesday. The price was raised from PLN 5.31 to 5.41 per share. However, the increased price will only apply  to subscriptions made during the first five working day...

Vectra bids for 33% in Netia

Cable TV operator Vectra has announced a tender offer for 114.81 million shares, standing for a 33 percent stake in Poland’s second largest telecommunications firm Netia, the offer’s manager UniCredit CAIB Poland announced on Wednesday. The offered price is PLN 5.31 apiece.