TP SA looking for acquisition opportunities

2010-08-02

Telekomunikacja Polska (TP SA) is considering entering the cable television market. The group is interested in acquisition of Aster, the fourth-largest operator of cable television in Poland. The latter company has 380,000 clients, mainly in Warsaw and Krakow.
In addition, TP SA’s management also revealed that it might be interested in taking over Multimedia, a listed cable TV operator that has 453,000 clients. Moreover, TP SA would consider buying Play mobile network, owned by P4, if the network was put up for sale.
According to market analysts, the acquisition of a cable TV operator would help TP SA to broaden its offer and strengthen its position on the market.