Deutsche Telekom acquires Polish fiber optic company and TV operator for 1 billion
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With this transaction, the German 'teleco' seeks to consolidate the position of its subsidiary in the country T-Mobile Polska thanks to the incorporation of more than 300,000 Inea customers and Fiberhost's fiber network, which reaches more than 1.4 million homes. «The operation marks a new step in the transformation of T-Mobile Polska, which is moving from being an exclusively mobile operator to a fully convergent telecommunications provider. Since signing its first wholesale access agreement in 2018, T-Mobile has expanded its fixed coverage through wholesale partners and has developed a nationwide convergent offering,» reads a statement from the German company. In this way, the union of the assets of these companies will allow them to offer a «high-quality convergent proposition and compete more effectively» with operators that already have a fixed infrastructure network, which will benefit Polish customers. The closing of the transaction is subject to obtaining the usual approvals under Polish competition law. «This is an important milestone in T-Mobile Polska's continuous growth trajectory. By combining strong mobile and fiber optic capabilities, we are creating an even better foundation to offer simple and reliable services to our customers. At the same time, it will allow T-Mobile Polska to expand its contribution to the digitalization of Poland and its economy,» said...
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