Context

The iliad Group, acting through its subsidiary Play, entered into an agreement to acquire 100% of the share capital of UPC Poland. This strategic move represents a major step in iliad's expansion within the Polish market following its initial entry through the acquisition of Play. The transaction combines the strengths of a leading mobile operator with a premier fixed-line provider to create a strong convergent operator. The integration is designed to support product innovation and accelerate long-term investments in next-generation fiber networks for consumers and businesses. The combined forces of both companies aim to foster nationwide connectivity and contribute to the digital transformation of the Polish economy.

Target

UPC Poland is a premier fixed-line operator and one of the largest internet service providers in the Polish market. The company provides nationwide connectivity through an extensive fiber-to-the-x (FTTx) network. It offers a high-quality platform for both residential (B2C) and business (B2B) segments. The operator is recognized for its strong service standards and significant infrastructure footprint across the country.