Netia, the Polish fixed-line provider, has received the green light from Polish competition watchdog UOKiK for the takeover of Telefonia Dialog.
The decision was announced by Netia on its website.
Netia agreed to acquire Dialog from mining company KGHM…
Netia, the Polish fixed-line provider, has received the green light from Polish competition watchdog UOKiK for the takeover of Telefonia Dialog.
The decision was announced by Netia on its website.
Netia agreed to acquire Dialog from mining company KGHM for PLN944m (US$288m) in late September.
Dialog provides fixed-line telecoms, broadband and TV services, mainly in the Lower Silesia region. It also provides mobile services through an MVNO agreement with Polish mobile operator Polkomtel.
Through the acquisition of Dialog, Netia has also become an indirect shareholder in two of its subsidiaries: Petrotel, which provides fixed-line services in the city of Plock, and Avista Media, a customer service centre.
Financial adviser to KGHM was Rothschild and Gide Loyrette Nouel advised on legal aspects.
Netia was advised by Raffeisen in a consortium with Lazard and Rabobank. Netia’s legal adviser was Weil, Gotshal & Manges.
