Cyfrowy Polsat to expand portfolio
March 11, 2009 | 10:01 UK
The Polish DTH platform Cyfrowy Polsat is to acquire an 11% stake in the telco Sferia for almost PLN54 million (€11.47 million).
According to PB, the move represents a consolidation assets controlled by the entrepreneur Zygmunt Solarz-Zak and is being made possible by a share issue at Sferia.
It also represents part of a strategy to offer integrated multi-play services.
Cyfrowy Polsat is the leading provider of DTH services in Poland, with over 2.7 million subscribers.