Iliad to pay less than expected for UPC Poland
Iliad has hammered out a €1.5 billion deal for UPC Poland, which is slightly less than it offered to pay when it first made overtures to parent company Liberty Global in the summer.
Iliad has hammered out a €1.5 billion deal for UPC Poland, which is slightly less than it offered to pay when it first made overtures to parent company Liberty Global in the summer.
Iliad is making good on its ambitions to enter the Polish fixed-line market, making an offer for number two player UPC worth the best part of US$2 billion.
Ambitious Spanish infrastructure specialist Cellnex has completed its acquisition of Polkomtel Infrastruktura.
Orange Poland has become the latest major telecoms operator to seek out a joint venture partner to help it fund the rollout of fibre infrastructure.
Spanish towers giant Cellnex is dropping €1.6 billion to buy Polkomtel Infrastruktura and its 7,000 Polish towers and sites.
Play’s shareholders have overwhelming backed a takeover offer from Iliad, leaving the French firm in a position to call itself one of the biggest mobile groups in Europe.
It has emerged that Chinese telecoms vendor Huawei is challenging the EU legality draft security laws in Poland and Romania.
Iliad has announced its intention to acquire Poland’s Play, a move that it claims will make it the sixth largest mobile operator in Europe.
The US and Poland signed an agreement on 5G security, effectively barring Chinese companies from participating in building 5G networks in one of the largest markets in central Europe.
Huawei has put its financially favourable foot forward, suggesting Poland will only get a cash boost if the vendor is allowed to participate in the 5G bonanza.
Huawei’s sales director in Poland, who previously served in the Chinese diplomatic corps, has been arrested by the Polish authorities on spying allegations. Huawei immediately terminated his employment.
Orange Poland has signed a conditional agreement to fully acquire energy company Multimedia Polska Energia, as the telco continues towards the goal of becoming a house-services provider.
Play Communications, owner of polish mobile brand P4, is on the IPO trail, with a value of roughly €2 billion.
Polish operator Play has announced its intention to to float on the Warsaw stock exchange, in what could be one of the largest telco IPOs in recent years.
Operator group Orange has confirmed that it will reduce its workforce in Poland by almost 3,000 over the next two years. The operator’s Telekomunikacja Polska subsidiary has signed an agreement with trade unions in the country, specifying that up to 2,950 staff may voluntarily leave the firm.
Leading Polish pay TV operator Cyfrowy Polsat has agreed to buy a majority stake in the market’s third-placed mobile operator Polkomtel, in a deal worth roughly PLN5.15 billion (€1.23 billion). Cyfrowy, which had 3.55 million pay TV subscribers at the end of the first half this year,according to Informa’s WBIS, said the deal will establish it as “the largest media-telecommunications group in Poland.”
The Polish arm of operator group T-Mobile has deployed software to allow it to offer cloud services.
Alior Bank, Bank Millennium, Bank Zachodni WBK, BRE Bank, ING Bank and PKO Bank Polski intend to build a common infrastructure including standard authorisation and settlement. The system will be open to all market participants, including other banks, and will support abilities such as mobile cash withdrawal from ATMs and mobile money transfer.
Open source software provider Mozilla has released details of the first Firefox OS smartphones prior to their commercial launch. The Alcatel One Touch Fire and the ZTE Open will be launched by European operator groups Deutsche Telekom and Telefonica, in Poland and Spain respectively,in thecoming weeks. Both operators said they hope the devices will form part of a line-up that will bring more choice to the smartphone ecosystem.
Polish fixed line operator Netia has deployed 100G fibre across its network as it looks to benefit from a 40-fold increase in bandwidth. The operator has called on the Optical Networks business unit of Nokia Siemens Networks, a unit that the vendor agreed to sell to Marlin Equity Partners in December 2012.
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