Acquisition of 100% of shares in Silesian Cable Television

Vectra S.A. is a leader in telecommunications services and a leading cable operator in Poland. It offers state-of-the-art fiber-optic Internet, digital TV, VOD, OTT, mobile, and fixed-line telephony, as well as professional services for business. The group is constantly developing its products, including its TV Smart service, which allows users to enjoy a modern 4K video platform, either traditionally through a set-top box, or via a mobile app, TV, or a web browser. The operator has 4.6 million households in its network coverage.

At the time of the transaction, Silesian Cable Television , the acquisition target of Vectra S.A., was the operator of a broadband TVK network covering a total of 93,500 subscribers in more than 150,000 households. It was ranked seventh in the ranking of TVK operators in Poland. Its coverage area included more than a dozen cities. In addition to offering its subscribers packages of radio and television programs, it also provided Internet access services. In 2005, with our participation, 100% of shares in Silesian Cable Television were acquired by VECTRA Technologie S.A., a subsidiary of VECTRA S.A. With this date, organizational and operator integration began.

The acquisition was another step in the implementation of the VECTRA Group’s long-standing growth strategy, based on industry consolidation, network modernization, and the introduction of new services. The acquisitions of DAMI Cable Television and Silesian Cable Television, on which we also advised, represented the two largest transactions in the cable TV market during the period.

In January 2020, Vectra finalized the purchase of 100% of Multimedia Polska shares, at the same time becoming the largest cable operator in Poland.

Service: M&A advisory on mergers and acquisitions