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T-Mobile Austria to acquire UPC Austria

2017-12-22 09:15:00| Telecompaper Headlines

(Telecompaper) 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.

Tags: austria acquire upc tmobile

Category:Telecommunications

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