Deutsche Telekom (DT) has agreed to acquire Polish fibre network operator Fiberhost and broadband and TV provider Inea in a deal valued at around €1 billion.
As a result, the telecom giant will take full ownership of both businesses from Macquarie European Infrastructure Fund 5, managed by Macquarie Asset Management and minority shareholders.
The acquisition will add 300,000 Inea customers in Poland and giving the operator access to a fibre network in that passes more than 1.4 million homes.
According to the telecom giant, the move also “strengthens T-Mobile Polska’s role as an investor in critical infrastructure supporting Poland’s digitalisation.”
DT Europe CEO, Dominique Leroy, said: “This is an important milestone in T-Mobile Polska’s continuous growth story. By bringing together strong mobile and fibre capabilities, we are creating an even better foundation for simple, reliable services for our customers.
“At the same time, it will allow T-Mobile Polska to extend its contribution to the digitalization of Poland and its economy. Investments like this matter beyond one market. Strong digital infrastructure is essential for Europe’s competitiveness, resilience and future growth. I am proud that Deutsche Telekom continues to play an active role in making that happen.”
T-Mobile Polska CEO Andreas Maierhofer continued: “We are opening a new chapter in T-Mobile Polska’s journey. Our award-winning mobile network, nationwide backbone, data centres and fibre infrastructure will now be complemented by our own fibre-to-the-home network reaching 1.4 million households.
“Owning an FTTH network will allow us to further develop our already successful portfolio of convergent products. Technological excellence, combined with our strong customer service – our key differentiators in the market – will strengthen our operations in Poland and help us build an even more attractive, quality-driven portfolio for both business and private customers at greater scale.”
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