Play buys 3S for PLN 410 mln

Polish Enterprise Fund VII (PEF VII), a private equity fund managed by Enterprise Investors (EI), has signed a preliminary agreement for the sale of 3S, a provider of comprehensive telecommunications and data center solutions for business customers, to P4, the operator of the Play network. The transaction, which yet needs to be approved by the Office of Competition and Consumer Protection (UOKiK), is valued at PLN 410 million. 3S is the owner and operator of a high-quality fiber network with a length of 3,800 kilometers, which is connected to a cluster of Tier 3-standard data centers.

(ISBnews)