UPC eyes Polish expansion
By Chris Dziadul | May 5, 2009 | 07:34 UK
Liberty Global is looking to expand its operations in Poland, with Aster, the country’s fourth largest cable operator, a possible take-over target.
Quoted in Wirtualne Media, UPC Polska’s president Simon Boyd said that Aster would make an “excellent investment”, first and foremost for subscribers in Warsaw, Kraków and Zielona Góra, who would gain access to UPC’s competitively priced and high quality advanced services.
However, he also added that any consolidation in the Polish cable market – a deal between UPC and Aster would be the biggest for some time – could still be some months off and dependent on the state of the financial markets.
UPC’s admission that it may be looking to expand in Poland, and indeed elsewhere in CEE, comes less than a month after it was revealed that the company is in talks to sell its operation in Slovenia.