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Iliad wants to buy UPC Poland

With the integration of the Polish operator Play completed, Xavier Niel's company has launched the acquisition of the cable operator UPC Poland. The latter is presented as "one of the leading Internet service providers in Poland with 3.7 million homes covered by fibre and 1.5 million subscribers".


The transaction is estimated to be worth 7.0 billion zlotys, or €1.53 billion. "The transaction will be financed with debt and cash available at Play". Completion is expected in the first half of 2022, after approval from the relevant authorities. UPC Poland will then be a subsidiary of Play.



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Source : NextInpact





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