0
General

SIEMENS TO ACQUIRE ZWUT AND ELWRO

Friday 24 September 1993 | 00:00 CET | News
ZWUT (Warsaw, Poland), telecommunications equipment manufacturer, and Elwro (Wroclaw, Poland), electronics company, are being acquired by Siemens for USDlr38.5 mil. Siemens has also committed itself to investing USDlr57 mil in the two companies over a six-year period. The deal will give Siemens access to the rapidly expanding telecoms market in Poland. AT&T (US) is already present on the Polish market following its USDlr28 mil acquisition of Telfa (Bydgoszcz, Poland) in 1992. AT&T will invest USDlr45 mil in the company. Acatel (Spain) has spent USDlr37.3 mil in the acquisition of Teletra (Poznan, Poland) and PZT (Warsaw, Poland) and has committed itself to USDlr60 mil of investment. Ericsson has been chosen as a possible supplier of mobile telecoms equipment for the Polish armed forces. TP SA (Poland), state-owned telecoms company, plans to invest around Zloty10 tril in 1993.

Categories: General
Companies: Magnet Networks / Sogeti
Countries: Poland
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.






18,000+ KM
Eurofiber owns more than 18,000 km of optical fibre cable
Netherlands  |  2014 Q2

Calendar   /   Industry Events

23 Oct Telenet Q3 2014
23 Oct Tele2 Q3 2014
23 Oct Rogers Communications Q3 2014
23 Oct Telekom Austria Q3 2014
23 Oct America Movil Q3 2014
23 Oct Orange Q3 2014
23 Oct Sonus Networks Q3 2014
23 Oct Sequans Communications Q2 2014
23 Oct Altera Q3 2014
23 Oct Nokia Q3 2014
23 Oct ADVA Optical Networking Q3 2014
23 Oct Synaptics Q3 2014
23 Oct Microsoft Q1 FY 2014/15
23 Oct Comcast Q3 2014
23 Oct Ingram Micro Q3 2014
23 Oct Amazon.com Q3 2014
23 Oct Netgear Q3 2014
23 Oct ShoreTel Q1 FY 2014/15
23 Oct 2nd Enterprise Mobility China Summit 2014
24 Oct DNA Q3 2014
24 Oct Belgacom Q3 2014
27 Oct Ooredoo Q3 2014
27 Oct PMC-Sierra Q3 2014
27 Oct Twitter Q3 2014
27 Oct Meru Networks Q3 2014
27 Oct Net Insight Q3 2014
27 Oct Telecoms Social Network Summit
28 Oct Internap Q3 2014
28 Oct Extreme Networks fiscal Q1
28 Oct Synchronoss Q3 2014
::: More Calendar Items