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Eltrona completed the acquisition of SFR-Coditel from Telenet.

Synopsis

Eltrona, a cable operator in Luxembourg, completed the acquisition of SFR-Coditel, entity in Luxembourg, from Telenet, a provider of entertainment and telecommunication services in Belgium. Financial terms were not disclosed. “This merger enables Eltrona to consolidate its position in Luxembourg, making it more competitive on the Grand Duchy’s telecommunications market. The pooling of resources and the expertise of Telenet and Eltrona will allow Eltrona to develop its range of products and services, while meeting the needs of the Luxembourg market in the best possible way,” Paul Denzle, Eltrona CEO.

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