Iliad gets Play clearance

28 Oct 2020

French telecoms group Iliad has received approval from EU competition authorities to proceed with its acquisition of Polish cellco Play. Iliad announced last month that it had agreed to acquire a 40% stake in Play from its two reference shareholders and is launching a public tender for the remaining shares in a deal which values Play at around EUR2.2 billion (USD2.6 billion). Play is Poland’s second largest cellco by subscribers, with 12.45 million active customers at the end of June.

Poland, Iliad, Play (P4)