The Polish alternative telco Netia has signed an agreement with UPC Polska to buy some of the Aster infrastructure acquired by the latter in 2011.
In total, these assets encompass 446,000 homes in Warsaw and Kraków and will significantly strengthen Netia’s presence in both markets, increasing its own reach by 17% to 2.8 million households.
UPC Polska announced in late 2010 that it was to buy Aster, then Poland’s fourth largest operator.
However, the deal was subsequently examined by the Competition Office (UOKiK) and only approved nine months later on proviso that UPC Polska sold on some of Aster’s assets to a third, independent party.
No financial details of the sale to Netia have been disclosed.
