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General

T-Mobile Austria to acquire UPC Austria

Friday 22 December 2017 | 09:15 CET | News
T-Mobile Austria has agreed to acquire cable operator UPC Austria from Liberty Global for an enterprise value of EUR 1.9 billion. The transaction will create an integrated quad-play provider for broadband, mobile and fixed communications, TV and entertainment products. With this acquisition, Deutsche Telekom is taking another major step to realise its strategy to become a fully converged operator within its European footprint, following recent deals also in the Netherlands and Poland.

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Categories: General
Companies: Deutsche Telekom / Liberty Global / T-Mobile Austria / UPC Austria
Countries: Austria
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16.9%
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