Czech cable TV, broadband and fixed line operator UPC Ceska Republika will formally cease to exist from 1 April 2020, when its customer base of roughly 1.5 million revenue generating users (RGUs) is switched over to Vodafone Czech Republic by new owners, UK-based Vodafone Group, Mobilemania.cz reports.
As previously reported by TeleGeography’s CommsUpdate, British telecoms giant Vodafone Group completed its acquisition of four of Liberty Global’s subsidiaries in July 2019, in the process taking control of UPC Ceska Republika, UPC Hungary, UPC Romania and Unitymedia in Germany. Having received the go-ahead by European authorities – subject to a commitments package put forward by Vodafone Group – Liberty Global subsequently confirmed the completion of the sale for approximately EUR19.0 billion (USD21.3 billion) on a U.S. GAAP basis, while noting the net cash proceeds were approximately EUR10.1 billion. The European Commission reportedly granted its approval in the autumn, allowing UPC Ceska Republika to merge with Vodafone CR, which has 3.989 million mobile subscribers. Vodafone is already offering fixed internet via UPC on its website and only the mobile operator brand should be retained in the future, it said. The new terms and conditions will be available in early March.