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Liberty reveals Polish plans
10.36 Europe/London, July 8, 2011 By Chris Dziadul
Liberty Global is not planning any further acquisitions in Poland once it completes the take-over of Aster, the country’s fourth largest cable operator.
The news was given by Mike Fries, Liberty’s president and CEO, and quoted in Rzeczpospolita.
Instead, the company wants to focus on developing its existing interests and become a leading provider of internet services, thereby competing more effectively with such companies as the incumbent telco Telekomunikacja Polska (TPSA).
Fries also ruled out competing in next year’s tender for the 800 MHz frequency band, which will be used to build a national high-speed internet network based on LTE technology.
Liberty Global operates UPC Polska, the country’s largest cable operator, and in late 2010 announced that it had entered into an agreement to buy Aster from Mid Europa Partners (MEP).
However, half a year on the proposed deal still has to be given the go-ahead by the Office of Competition and Consumer Protection (UOKiK).
10.36 Europe/London, July 8, 2011 By Chris Dziadul
Liberty Global is not planning any further acquisitions in Poland once it completes the take-over of Aster, the country’s fourth largest cable operator.
The news was given by Mike Fries, Liberty’s president and CEO, and quoted in Rzeczpospolita.
Instead, the company wants to focus on developing its existing interests and become a leading provider of internet services, thereby competing more effectively with such companies as the incumbent telco Telekomunikacja Polska (TPSA).
Fries also ruled out competing in next year’s tender for the 800 MHz frequency band, which will be used to build a national high-speed internet network based on LTE technology.
Liberty Global operates UPC Polska, the country’s largest cable operator, and in late 2010 announced that it had entered into an agreement to buy Aster from Mid Europa Partners (MEP).
However, half a year on the proposed deal still has to be given the go-ahead by the Office of Competition and Consumer Protection (UOKiK).