Multimedia buys cableco

January 5, 2014 20.08 Europe/London By Chris Dziadul

Multimedia PolskaMultimedia Polska has acquired the cable operator Telektronik from Reda for an undisclosed fee.

According to local reports, Telektronik provides triple-play services in the tri-city of Gdansk, Gdynia and Sopot and currently passes 12,000 homes.

Its RGU total stood at over 13,000 as of the end of 2013.

Telektronik subscribers can now expect to be offered a number of new services including VOD.

They will also continue to receive their existing services, at the same price, including a popular local TV channel.

Multimedia Polska, which vies with Vectra for second spot in the Polish cable market, established a presence in the tri-city two years ago with the acquisition of Stream Communications.