MP goes on the offensive with takeover of Transmitel Rzesow

8 Nov 2012

Polish cableco Multimedia Polska (MP) has agreed to acquire triple-play provider Transmitel Rzesow for an undisclosed fee, reports Broadband TV News. Transmitel has a presence in five cities with a network passing 10,500 homes and claims some 5,500 revenue generating units (RGUs). As previously reported by CommsUpdate MP had been expected to be put up for sale following reports that it was investigating its strategic options. An announcement in early October revealed that the telco’s shareholders had opted instead to continue its existing strategy for growth. Due diligence for the acquisition will take place over the course of this month, with the details of the transaction to be announced by December.

Poland, Multimedia Polska