John Malone's Liberty Global (Nasdaq: LBTYA) has consolidated its position in Poland by announcing it will spend $802 million to buy Polish cable TV operator Aster Sp. z.o.o. (and you thought Comcast was a weird name?) from Mid Europa Partners.
Liberty already owns another Polish player, UPC Polska Sp. z.o.o., the nation's largest MSO with 1.1 million customers. Aster will add 368,000 TV subs, 177,000 Internet customers and 70,000 phone users.
For more:
- see this story
Related articles:
Liberty Global plans device to take on Apple, Google
Liberty Global plans 'set-top box on steroids' for European market