Mid Europa Partners to buy additional 37.3% in Falcon

6 Oct 2008

Mid Europa Partners is acquiring an additional 37.3% stake in Czech broadcast services company Falcon Group, which owns 100% of Ceske Radiokomunikace (CRa) and 39.2% of T-Mobile Czech Republic, from consortium partner Lehman Brothers. The deal will increase Mid Europa’s holding in Falcon Group to 74.6%. CRa is a major Czech analogue and digital TV provider and radio broadcaster, and is also a leading alternative telecoms service provider in the country. T-Mobile is the current mobile market leader by subscribers with 5.313 million customers at 30 June, a market share of 39.92%.

Czech Republic, Ceske Radiokomunikace (CRa), T-Mobile Czech Republic