Warburg Pincus has sold its stake in the Polish cable operator Inea to Macquarie European Infrastructure Fund 5 for an undisclosed fee.
German fibre-optic network operator inexio has taken over broadband provider smart-DSL GmbH based in Wiggensbach, Bavaria, effective July 31, 2017.
German fibre-optic network operator Inexio wants to launch a multiscreen IPTV platform in autumn 2017, expanding its internet and telephony service into a triple play package.
Private equity company Warburg Pincus has acquired a majority stake in German fibre-optic network operator Inexio; the deal has now been finalised.
Following the news that Liberty Global is talking to Vodafone about a possible JV in The Netherlands, the company is withdrawing from its T-Mobile Nederland bid, according to De Telegraaf.
René Obermann, former CEO of Germany’s national telco Deutsche Telekom, will become managing director and partner of international private equity company Warburg Pincus.
Cinven and Warburg Pincus have successfully placed approximately 34 million ordinary shares of Ziggo at a price of €25.75 per share.
Warburg Pincus has acquired a minority stake in Poland’s fourth largest cable operator Inea for an undisclosed fee.
Cinven, Warburg Pincus and their co-investors intend to sell around 40 million ordinary shares in Ziggo via accelerated bookbuild.
Ziggo shareholders Cinven and Warburg Pincus have successfully placed 37 million ordinary shares of the cabler at a price of €24.75 per share, resulting in gross cash proceeds of €915.75 million.