Vectra acquires Multimedia Polska. 4.4 million households within network coverage

Multimedia Polska as an independent entity has just ceased to exist. Vectra SA announced the purchase of 100% shares of the current competitor, thereby significantly increasing its reach and the number of customers served.

Multimedia Polska has a new owner , Vectra SA. These two quite large cable TV operators join forces to meet the challenges posed by the modern television and video content market. After the acquisition of all Multimedia Polska shares, Vecta SA can boast of 1.7 million subscribers, and potential new clients - i.e. those within the reach of Vectra or Multimedia Polska - there are 4.4 million.

Greater investment capacity and managerial talent of the merged entities will translate into the opportunity to offer a more attractive offer to both retail and business customers, which is the merits of this transaction - assures Tomasz Żurański, President of the Management Board of Vectra SA in a prepared press statement.

I am a client of Multimedia Polska SA. What does the takeover of my cable TV operator by Vectra SA mean to me?

Fortunately, nothing significant. Both companies will continue their operating activities in the foreseeable future without changes. Both, due to the fact of joining forces, will enrich each other with content or solutions available so far in only one of them.

This is confirmed by Andrzej Rogowski, the outgoing president of Multimedia Polska, who in his statement assured that clients of both operators can expect to expand their service portfolio. As a result of the above UPC becomes Vectra's biggest competitor. Although many are of the opinion that digital VoD services are much more serious competitors.



Vectra acquires Multimedia Polska. 4.4 million households within network coverage

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