UPC Hungary, part of Liberty Global, is set to purchase a third of the cable television network of Fibernet Kommunikációs. The transaction could be completed in the first quarter of 2011 after receiving the approval of the competition office GVH. Fibernet provides cable television, broadband, Internet and telephone services to over 150,000 households. The purchase confirms UPC Hungary as the country’s leading provider.

Other posts by :

1. AST SpaceMobile: “Good for indoor reception”
2. EchoStar booms on SpaceX holding
3. Norway wants a satellite constellation
4. Crossroads backs AST SpaceMobile
5. FCC examines SpaceX’s 15,000 sat-constellation plan
6. EchoStar: “Severe uncertainty” led to spectrum sales
7. Netflix gets downgrade on Warner Bros move
8. UK trims Orbex investment
9. Euro-bank sets up €500m space fund

Categories: Articles, Business, Cable, M&A