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Report: Telekom buys up T-Mobile CR

February 10, 2014 08.01 Europe/London By Chris Dziadul

Deutsche-TelekomDeutsche Telekom is understood to have acquired the 40% stake in T-Mobile Czech Republic previously held by Mid Europa Partners (MEP) and Al Ain for around €800 million, according to Reuters, quoting an anonymous source and confirming a report in Germany’s Manager Magazin Online.

The deal would give Telekom complete control of T-Mobile Czech Republic and help the company in its plan to integrate its mobile and fixed line networks across Europe.

T-Mobile operates a DTH service in both the Czech Republic and Slovakia via Astra 3A and 3B at 23.5 degrees East.

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Filed Under: Central & East Europe, Newsline Tagged With: Czech Republic, Deutsche Telekom, T-Mobile Czech Republic Edited: 12 February 2014 11:34

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About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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