Netia finalizes TK Telecom takeover
14:19
Poland's second largest telecommunications firm Netia has completed the acquisition of TK Telecom, the media reported on Tuesday.
In early May, Netia has signed a preliminary deal with PKP to purchase TK Telekom, the telecommunications subsidiary of the railway group for PLN 221.9 million.
The acquisition will result in an over 11 percent increase of Netia's operational range in general and by over 28 percent in the B2B segment.
TK Telecom owns 30,000 km of fiber optic cables.
