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UPC to restructure in CEE

March 23, 2016 12.46 Europe/London By Chris Dziadul

UPC is to merge its operations in the Czech Republic and Slovakia on April 1.

The newly created company, bringing together UPC Czech Republic and UPC Broadband Slovakia, will be temporarily headed by Martin Miller, the long-time CEO of UPC Broadband Slovakia.

Meanwhile, Frans-Willem de Kloet, the current CEO of UPC Czech Republic, will become CEO of UPC Polska.

UPC says the merger is being made to increase the focus on customers and for the faster implementation of innovative products and solutions. It will create Liberty Global’s second largest unit in CEE, covering nearly 2 million households, with 1 million customers receiving 1.6 million services.

Miller, who has been with UPC Broadband Slovakia for 15 years, will be responsible for both markets and oversee the integration process of the new company.

Commenting on the merger, Severina Pascu, CEO of Liberty Global for CEE, said: “I am confident that the integration of the two companies will particularly benefit our customers. This speeds up the process of introducing new services, unifies business strategy and will benefit from the size of the merged companies. The new structure will significantly contribute to a more efficient use of capital and exchange of best practices, which enable the company to strengthen its competitiveness in the market”.

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Filed Under: Cable, Central & East Europe, Editor's Choice, Newsline, Platforms Tagged With: Czech Republic, Slovakia, UPC Broadband Slovakia, UPC Czech Edited: 25 March 2016 10:03

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