-+ 0.00%
-+ 0.00%
-+ 0.00%

UAE Telco E& Unit to Buy UPC Broadband Slovakia for EUR95 Million

MT Newswires·12/18/2025 01:41:38
Listen to the news
01:41 AM EST, 12/18/2025 (MT Newswires) -- Emirates Telecommunications Group's (ADX:EAND), d/b/a e&, unit O2 Slovakia agreed to acquire fixed broadband operator UPC Broadband Slovakia for 95 million euros on a cash- and debt-free basis. O2 Slovakia, which is part of e&'s majority-owned subsidiary, e& PPF Telecom Group, will buy UPC Broadband from Liberty Global, the United Arab Emirates-based telecommunications company said Thursday. The deal, which remains subject to regulatory approvals, will be funded by e& PPF Telecom using a mix of cash and debt.