Macquarie considering sale of Czech operator CRa

25 Apr 2019

According to Czech online news portal HN, the sale of Ceske Radiokomunikace (CRa), which operates the largest radio and television broadcasting network in the Republic, is being prepared by the current owner, Australian investment group Macquarie European Infrastructure Funds (MEIF). Unconfirmed reports say that bidding documents have already been signed and sent out to potential buyers, which are thought to include Petr Kellner’s PPF Group – majority shareholder of the Czech Republic’s largest telco, O2 Czech Republic (including Ceska telekomunikacni infrastruktura [CETIN]).

Macquarie has owned CRa since 2011. The company is one of the largest communications network operators in the Czech Republic, owning and operating its own backbone optical network, wireless infrastructure for data and other transmission services, and an extensive system of TV and radio broadcast transmitters.

Czech Republic, Ceske Radiokomunikace (CRa)