Investment

Major acquisitions for Deutsche Telekom in Polish market

Major acquisitions for Deutsche Telekom in Polish market

A major deal has been announced that could change the Polish telecom landscape. Deutsche Telekom has agreed to acquire 100% of Fiberhost, a Polish open-access fixed network operator, together with Inea, a retail broadband and TV provider.

Deutsche Telekom will buy the companies  for an enterprise valuation of about EUR1 billion (US$1.16 billion) from current shareholder Macquarie European Infrastructure Fund 5, a fund managed by Macquarie Asset Management, and minority shareholders.

DT says the acquisition will accelerate T-Mobile Polska’s growth by adding Inea’s over 300,000 customers and Fiberhost’s fibre network passing over 1.4 million homes.

The transaction is also a new stage in T-Mobile Poland’s transformation from a mobile-only operator into a fully convergent telecommunication provider. Since signing its first wholesale access agreement in 2018, T-Mobile has expanded its fixed coverage through wholesale partners and built a nationwide convergent offer. 

Together, the businesses say they will be better positioned to compete more effectively with operators that already own substantial fixed infrastructure. The acquisition also strengthens T-Mobile Poland’s role as an investor in critical infrastructure supporting Poland’s digitalisation.

T-Mobile Poland CEO Andreas Maierhofer explains: “Our award-winning mobile network, nationwide backbone, data centres and fibre infrastructure will now be complemented by our own fibre-to-the-home network reaching 1.4 million households. Owning an FTTH network will allow us to further develop our already successful portfolio of convergent products.”

Fiberhost will continue to offer transparent and non-discriminatory access to its state-of-the-art fibre infrastructure to all existing and potential internet service providers in Poland.

Closing of the transaction is conditional upon customary Polish competition approvals.



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