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Greece's Forthnet officially becomes part of United Group

Wednesday 25 November 2020 | 12:04 CET | News
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Greek telecommunications and pay-TV provider Forthnet has officially become part of United Group, a provider of telecommunications services and media in Southeast Europe. United Group, which is majority owned by BC Partners, announced in June a deal to acquire an initial stake of 36 percent in Forthnet. Since then, United Group increased its stake to about 80 percent. By the end of 2020, after the company plans to complete the conversion of the Forthnet convertible debt it holds, and its stake will rise to approximately 85 percent. 

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Categories: Broadcast & Satellite / Fixed
Companies: Forthnet / Tele2 / Vivacom
Countries: Greece
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