Playing with fibre: Polish cellco acquires 3S

26 Jun 2019

Polish cellco Play has signed an agreement to acquire domestic fibre network operator 3S. The total enterprise value of 3S is PLN410 million (USD110 million), while the equity value is PLN333 million. 3S is currently majority owned by Ambrosia CEE Holding which is part of Polish Enterprise Fund VII, a private equity fund managed by Enterprise Investors. Play says the addition of the 3,800km 3S fibre backbone network will support its transition to 5G services, while also allowing it to expand its range of B2B and data centre offerings.

Poland, Play (P4)