Close
Close

Published

More media consolidation set for Poland as Polsat makes double swoop

Poland is one of the fastest emerging markets right now for the media sector, as pay TV, OTT and broadband services are yet to reach saturation point. DTH operator Cyfrowy Polsat has initiated a rapid and aggressive takeover of the country’s second largest fixed line operator Netia this week – to match pace with close rivals increasing investments in the Central and Eastern European markets. Cyfrowy Polsat, Poland’s largest pay TV operator, struck an agreement to purchase 33% of Netia earlier this week for €151.9 million ($179.4 million), a deal which was swiftly followed by a bid for an additional 33% of the company for the same price. Cyfrowy Polsat didn’t stop there, buying a handful of thematic channels from…

Close