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Synopsis
Vectra, the second largest Polish cable operator, completed the acquisition of Multimedia Polska, the biggest CaTV provider in Poland, for $697m. "The implementation of the transaction allows us a much larger scale of activities – access to a wide customer base and the potential of one of the best and largest fixed telecommunications infrastructures in Poland. 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 merit of this transaction," Tomasz Zuranski, Vectra President and CEO.
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