They sold the Polish UPC for 1.5 billion euros. The original owner remained in the region only with us – Živé.sk

Iliad Group announced that it has agreed with Liberty Global to purchase the Polish branch of UPC for 1.51 billion euros. About a possible sale we wrote in early August.

Iliad only a year ago bought the mobile operator Play in Polandwhich has more than 15 million clients. Now it is also gaining a fixed share – UPC Poland is strong in television and Internet services for households. It has 1.31 million clients with internet and over 1.35 million subscribers with TV and 619,000 people with a landline.

Together, Play and UPC will become the 2nd largest mobile operator in Poland with revenues of almost two billion euros. The UPC brand will be gradually withdrawn from Poland and become a subsidiary of Play.

Iliad expects the transaction to be approved in the first half of 2022.

We remind you that the French Iliad operates in Italy price-aggressive mobile operator. In Poland, mobile services are already cheap. In recent years has also changed the French mobile market.

The original owner is only in Slovakia

Liberty Global sold activities in four countries for 18.4 billion euros. It went to Germany, Hungary, Romania and the Czech Republic. Even earlier, it withdrew from Austria. Liberty Global remains only in Slovakia and further in Western European countries. The local branch reiterates that we will not be affected by the changes.

“This is a matter exclusively related to UPC Poland. It does not apply in any way, nor does it affect the operation and provision of customer services to UPC Slovensko, “said UPC spokesman Jaroslav Kolár for Živé.sk.