Poland’s third largest cable operator Multimedia Polska saw a fall in both its revenues and RGU total in 2018.
Poland’s Office of Competition and Consumer Protection (UOKiK) has expressed objections to the proposed takeover of Multimedia Polska by Vectra, the county’s third and second largest cable operators respectively.
The Polish Court of Competition and Consumer Protection (SOKK) has upheld a fine imposed on Multimedia Polska, the country’s third largest cable operator.
Poland’s second largest cable operator Vectra is still in talks to buy the third largest Multimedia Polska despite a prospective deal having been shelved at the beginning of this month.
The proposed acquisition of Poland’s third largest cable operator Multimedia Polska by the second Vectra will now not happen.
Poland’s Office of Competition and Consumer Protection (UOKiK) has moved into the second stage of its investigation into the proposed takeover of Multimedia Polska by Vectra.
The Polish cable market is on the verge of major consolidation, with its second largest operator Vectra set to buy third placed Multimedia Polska.
The Polish cable operator Multimedia Polska has secured a loan of PLN1.515 billion (€358.9 million) from Credit Agricole CIB and Credit Agricole Bank Polska.
Liberty Global’s UPC Polska has decided to withdraw its application to take over Multimedia Polska, Poland’s third largest cable operator.
The uncertainty surrounding its proposed sale to UPC is starting to impact on the Polish cable operator Multimedia Polska.