UPC Poland would sell networks in four cities to push merger through

22 Nov 2017

Polish cable TV and broadband operator UPC says it is willing to divest networks and customers in four cities to gain approval for its proposed takeover of smaller rival Multimedia Polska. A report from Rzeczpospolita suggests that UPC has offered to sell off operations in Gdansk, Gdynia, Kalisz and Mielec in order to appease markets regulator the Office of Competition and Consumer Protection (Urzad Ochrony Konkurencji i Konsumentow, UOKiK). Last month the UOKiK revealed concerns over the merger, saying that it is likely have a strong impact on competition in both the internet and pay-TV markets in 15 cities.

Liberty Global subsidiary UPC first announced its planned PLN3 billion (USD760 million) takeover of Multimedia in October 2016. According to TeleGeography’s GlobalComms Database, UPC is the largest cable broadband provider and second largest ISP overall in Poland, while Multimedia is the third largest cableco in subscriber terms and lies fifth in the broadband sector overall. The parties say that consolidation is necessary in Poland’s fragmented cable market in order to stimulate investment.

Poland, Multimedia Polska, UPC Poland