Announced

Orange Polska and APG to acquire NEXERA from Infracapital for PLN1.5bn.

Synopsis

Orange Polska, a supplier of telecommunications services in Poland, and APG, a pension fund for employees in the public sector and education, agreed to acquire NEXERA, an infrastructure telecommunication group, from Infracapital, an infrastructure fund investment services firm, for PLN1.5bn. "The transaction underscores OPL’s position in FTTH technology in Poland, in which we have been consistently investing for the past decade. Fibre is a key driver of our commercial strategy and the backbone of modern digital economy of the country. Nexera perfectly complements the profile of our highly successful Światłowód Inwestycje JV, both technologically and geographically," Liudmila Climoc, Orange Polska CEO.

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