UPC Telemach buys Ljubljanski kabel

Monday 11 June 2007 | 08:30 CET | News
Slovenian cable operator UPC Telemach has consolidated its leading position on the market with the acquisition of 66.7 percent of Ljubljanski Kabel from London-based Regent Finance. According to Slovenian news agency STA, the EUR 10 million deal will take UPC Telemach's market share in Slovenia to over 40 percent. The acquisition will increase the number of UPC Telemach's cable subscribers by 28,000 to some 150,000. The number of internet subscribers will increase by 6,000 to 40,000, which represents 15 percent of the broadband market. The Agency for Post and Electronic Communications (APEK)

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Categories: Fixed
Companies: UPC
Countries: Slovenia
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