O2 Slovakia has signed a binding agreement to acquire 100% of UPC Slovakia for EUR 95 million, enhancing its fixed-mobile service offerings in the evolving Slovak telecom market.

Target Information

UPC Broadband Slovakia s.r.o. (UPC Slovakia) is a prominent fixed broadband operator in Slovakia, catering to approximately 170,000 customers. The company generates around EUR 47 million in annual revenue, boasting an impressive EBITDA margin of approximately 30%. UPC Slovakia operates an extensive network that services around 647,000 homes across 80 cities, supported by a robust HFC (Hybrid Fibre-Coaxial) infrastructure, which enhances its operational capabilities.

Industry Overview

The Slovak telecommunications market is undergoing significant transformation towards fixed-mobile convergence, reflecting broader trends observed across Europe. As mobile operators increasingly integrate fixed-line services into their offerings, the competitive landscape is intensifying, prompting companies to innovate and collaborate to meet consumer demands.

This convergence offers opportunities for telecom operators to enhance customer retention and profitability through bundled service offerings. The growing