Netia with green light to purchase TK Telekom
14:56
UOKiK has approved the acquisition of TK Telekom by Poland's second largest telecommunications firm Netia, wnp.pl web portal reported on Thursday.
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.
