DEUTSCHE TELEKOM BUYS POLISH FIBER, TV ASSETS FOR €1B

The German telecommunications giant will gain control of fiber and pay-TV operations as part of its strategy to expand broadband coverage in Poland. The deal values the assets at an enterprise value of around €1 billion ($1.2 billion). The acquisition aligns with Deutsche Telekom's broader European expansion efforts, particularly in fiber infrastructure. Poland represents a key market for broadband growth, where fiber connectivity remains underpenetrated compared to Western Europe. Macquarie Asset Management, the infrastructure investment arm of the Australian financial services group, has divested several European telecom assets in recent years. The sale reflects Macquarie's portfolio rebalancing. Deutsche Telekom operates across multiple European markets and has been systematically investing in fiber networks to compete with cable operators and other broadband providers. The Poland deal adds to the company's existing presence in Central and Eastern Europe.