A subsidiary of UAE telecoms operator e&, formerly known as Etisalat, has signed a binding agreement to acquire 100 percent of UPC Broadband Slovakia. Mobile operatorA subsidiary of UAE telecoms operator e&, formerly known as Etisalat, has signed a binding agreement to acquire 100 percent of UPC Broadband Slovakia. Mobile operator

Unit of UAE’s e& to buy Slovakian broadband operator

2025/12/18 16:12
2 min read
  • To buy all of UPC Broadband Slovakia
  • Acquisition priced at $112m
  • UPC Slovakia has 170,000 customers

A subsidiary of UAE telecoms operator e&, formerly known as Etisalat, has signed a binding agreement to acquire 100 percent of UPC Broadband Slovakia.

Mobile operator O2 Slovakia, part of e& PPF Telecom Group BV, will acquire the company from British-Dutch-US telecom operator Liberty Global for €95 million ($112 million), Abu Dhabi-listed e& said in a statement.

In October 2024 e& completed the acquisition of a controlling stake in PPF Group’s telecoms business across four European countries — Bulgaria, Hungary, Serbia and Slovakia.

UPC Slovakia is a fixed broadband operator serving 170,000 customers and generating around €47 million in annual revenue. Its network covers 647,000 homes across 80 cities.

These assets will provide O2 Slovakia with a nationwide fixed broadband footprint, the statement said.

The acquisition aligns with e&’s plan to expand its international business in central and eastern Europe, enhance revenue diversification in stable EU-linked markets, and strengthen e& PPF Telecom operations.

The deal is subject to closing conditions and will be financed through a mix of cash and debt at e& PPF Telecom level.

Further reading:

  • Good, but could be better: Telecoms giants rely on local lines
  • Gulf’s push for 6G networks comes too soon, telecoms experts say
  • Lack of subsea cable capacity hinders Middle East

Upon completion, UPC Slovakia’s financials will be consolidated into e& PPF Telecom’s financials. The overall impact on e&’s consolidated financials is expected to be immaterial, the statement said.

In February, e& PPF Telecom agreed to acquire 100 percent of SBB d.o.o. Serbia, a cable television and broadband internet service company, for €825 million.

E& owns a 14.6 percent stake in London-listed Vodafone.  

The UAE telco’s shares closed 1.2 percent lower at AED18.06 on Wednesday but are up 11 percent year-to-date.

Market Opportunity
UPCX Logo
UPCX Price(UPC)
$0.3651
$0.3651$0.3651
-23.13%
USD
UPCX (UPC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Manchester City Donnarumma Doubters Have Missed Something Huge

The Manchester City Donnarumma Doubters Have Missed Something Huge

The post The Manchester City Donnarumma Doubters Have Missed Something Huge appeared on BitcoinEthereumNews.com. MANCHESTER, ENGLAND – SEPTEMBER 14: Gianluigi Donnarumma of Manchester City celebrates the second City goal during the Premier League match between Manchester City and Manchester United at Etihad Stadium on September 14, 2025 in Manchester, England. (Photo by Visionhaus/Getty Images) Visionhaus/Getty Images For a goalkeeper who’d played an influential role in the club’s first-ever Champions League triumph, it was strange to see Gianluigi Donnarumma so easily discarded. Soccer is a brutal game, but the sudden, drastic demotion of the Italian from Paris Saint-Germain’s lineup for the UEFA Super Cup clash against Tottenham Hotspur before he was sold to Manchester City was shockingly brutal. Coach Luis Enrique isn’t a man who minces his words, so he was blunt when asked about the decision on social media. “I am supported by my club and we are trying to find the best solution,” he told a news conference. “It is a difficult decision. I only have praise for Donnarumma. He is one of the very best goalkeepers out there and an even better man. “But we were looking for a different profile. It’s very difficult to take these types of decisions.” The last line has really stuck, especially since it became clear that Manchester City was Donnarumma’s next destination. Pep Guardiola, under whom the Italian will be playing this season, is known for brutally axing goalkeepers he didn’t feel fit his profile. The most notorious was Joe Hart, who was jettisoned many years ago for very similar reasons to Enrique. So how can it be that the Catalan coach is turning once again to a so-called old-school keeper? Well, the truth, as so often the case, is not quite that simple. As Italian soccer expert James Horncastle pointed out in The Athletic, Enrique’s focus on needing a “different profile” is overblown. Lucas Chevalier,…
Share
BitcoinEthereumNews2025/09/18 07:38
whale Garrett Jin deposited 261,000 ETH, worth $543 million, into Binance.

whale Garrett Jin deposited 261,000 ETH, worth $543 million, into Binance.

PANews reported on February 15 that, according to Lookonchain monitoring, Bitcoin whale Garrett Jin (BitcoinOG 1011short) deposited 261,024 ETH (worth $543 million
Share
PANews2026/02/15 09:34
Bitcoin faces DOJ as $200M PGI Ponzi draws 20-year term

Bitcoin faces DOJ as $200M PGI Ponzi draws 20-year term

The post Bitcoin faces DOJ as $200M PGI Ponzi draws 20-year term appeared on BitcoinEthereumNews.com. Ramil Ventura Palafox receives 20-year sentence for PGI Bitcoin
Share
BitcoinEthereumNews2026/02/15 09:07