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Announced

InfraVia to acquire 50% stake in FiberForce from Play for $400m.

Synopsis

InfraVia, a private equity firm, to acquire a 50% stake in FiberForce, a wireless carrier and fixed broadband provider, from Play, a telecommunications services provider, for $400m. “This partnership is another milestone in strengthening our position as a nationwide leader in infrastructure, enabling millions of new customers in Poland to use super-fast internet. Thanks to the wholesale open access model, we want to set new standards for broadband access and ensure freedom of choice for all. We hope that this new investment will help significantly reduce the digital gap and ensure the development of innovation for the benefit of our customers, society and the economy,” Jean Marc Harion, Play President.

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