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

In parallel with the takeover bid for Polish operator Play in the fall of 2020, Iliad intended to apply in Poland the strategy already adopted in France with Cellnex.

The agreement with the European mobile infrastructure operator, which covers 7,000 sites, was aimed at transferring 60% of the company's structure to Cellnex, and was designed to manage the passive telecoms infrastructure of the French operator's new Polish subsidiary.

It also included a collaboration with Cellnex to build at least 1,500 additional sites over 10 years for €400 million.

On April 1st, Iliad announced that it had finally finalized the extension of its industrial partnership with Cellnex through the sale to the latter of 60% of the company managing passive mobile telecommunications infrastructures in Poland, for the sum of €804 million before tax. This will enable its Polish partner to strengthen its investment capacities and enter a new development cycle with the deployment and acquisition of 5G frequencies, the densification of its mobile network, but above all the desire to enter the fixed-line market on a European scale.

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Source : freenews