Multimedia Polska


Canal+ Polska investors working on possible IPO

ITI Neovision, the holding company for Polish pay TV operator Canal+ Polska, is “working with shareholders and advisors” on a possible IPO that minority shareholders are entitled to trigger. The company said in a statement that Canal+ Group intends to maintain its role as a strategic shareholder in the company regardless of the outcome of […]

Polish watchdog clears way for cable consolidation

Polish competition regulator the UOKiK has approved the acquisition of cable operator Multimedia Polska by Vectra, but with conditions. The move opens the way to a long-awaited consolidation in the Polish cable sector. The watchdog has required the sale of networks in eight cities in which the market shares of the merger partners is particularly […]

Polish regulator opens consultation on regulating cable access

Polish communications regulator the UKE  has opened a consultation on regulating cable access networks in multiple dwelling units. The UKE said that the new rules were “designed to meet the needs of telecommunications undertakings, while not interfering with the operation of infrastructure operators.” The watchdog has proposed creating a tool to be used by market […]

Multimedia Polska calls off merger with Vectra

Polish cable operator Multimedia Polska has called off its planned merger with Vectra after failing to agree on key terms, according to local press. Multimedia Polska pulled out of the deal, which would have seen Vectra acquire 100% of its shares, after the pair failed to agree terms within the deadline they had set for […]

Polish regulator takes Multimedia Polska-Vectra probe to second stage

Polish competition watchdog UOKiK has reservations about the acquisition of cable operator Multimedia Polska by rival player Vectra on the grounds that the combination of the pair could adversely affect competition in the market. In a note on the merger, UOKiK said that the pair’s activities coincided in 39 cities across the country in the […]

Liberty Global drops Multimedia Polska takeover

Liberty Global has withdrawn its €690 million takeover offer for Polish cable operator Multimedia Polska, the company has confirmed. Liberty said that it was dropping the deal after “failing to agree on revised commercial terms with the sellers that take into account current regulatory and market conditions.” “We remain confident in the business prospects of our […]

Polish regulator says Liberty Global deal could restrict competition

Polish regulator the UOKiK has ruled that Liberty Global’s long-awaited acquisition of Multimedia Polska could restrict competition in a number of cities across the country. Following its analysis of the impact of the acquisition on competition, the watchdog ruled that the combination of Liberty Global’s UPC Polska with Multimedia Polska could diminish competition in 15 […]

Multimedia Polska wards off decline as it awaits OK for Liberty deal

Polish cable operator Multimedia Polska has seen its revenues dip slightly, with EBITDA remaining stable for the first half, a result hailed by its CEO as “moderately positive” in a situation where the operator’s performance has been negatively affected by a regulatory delay in approving its acquisition by Liberty Global. Revenues dipped by 2% year-on-year […]

Multimedia Polska sells energy unit

Orange Poland has agreed to acquire Multimedia Energia, the energy utility arm of Gdynia-based cable operator Multimedia Polska for PLN37 million (€8.7 million). Liberty Global-owned UPC Poland is in the process of securing regulatory approval for the acquisition of Multimedia Polska, the number three cable operator in the country. Liberty Global agreed to acquire Multimedia […]

UPC chief calls for further consolidation in Poland

Consolidation of Polish cable is vital to provide a serious competitor to Orange, according to UPC Poland chief executive Frans-Willem de Kloet. Interviewed for local papers Rzeczpospolita, Dziennika Gazeta Prawna and Puls Biznes, De Kloet said that further consolidation would enable cable to compete more effectively with the national telecom operator. He said that there […]

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