Polski wiatowód Otwarty Strengthens Fiber Network with Elsat Acquisition from Vectra
Deal News | Jun 09, 2025 | White & Case LLP
Global law firm White & Case LLP is advising Polish wholesale fiber optic network operator Polski Światłowód Otwarty (PO) on its pending acquisition of Elsat sp. z o.o. from Vectra S.A., a key player in Poland's fixed-line internet and television service market. This preliminary agreement enables PO to acquire 100% of Elsat's shares, significantly expanding its fiber optic network coverage. The announcement indicates that Vectra will transfer a substantial part of its wholesale operations and broadband infrastructure, including a network serving approximately 2.3 million households. This transaction is contingent on several standard conditions, notably the approval from the Polish Office of Competition and Consumer Protection (UOKiK). PO, formed in 2023 as a joint venture between Plug Finco Srl, owned by InfraVia V Invest Srl, and iliad Group’s P4, is focused on expanding technology infrastructure investments. White & Case's legal team, led by experienced partners and associates, has been instrumental in facilitating this strategic move that promises to enhance Poland's digital infrastructure.
Sectors
- Telecommunications
- Legal Services
Geography
- Poland – The transaction and the companies involved are primarily based in Poland, making it the central geography of the deal.
Industry
- Telecommunications – The article focuses on the expansion of fiber optic networks, a key aspect of the telecommunications industry.
- Legal Services – The involvement of the law firm White & Case LLP in advising on the acquisition highlights the role of legal services in M&A transactions.
Financials
- Not Disclosed – The financial terms of the acquisition have not been disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Polski Światłowód Otwarty sp. z o.o. | Buyer | Company | A Polish wholesale fiber optic network operator expanding its network through acquisitions. |
| Vectra S.A. | Seller | Company | A major provider of fixed-line internet and television services in Poland. |
| Elsat sp. z o.o. | Target Company | Company | A company being acquired by PO, previously owned by Vectra, with substantial broadband network assets. |
| White & Case LLP | Legal Advisor | Company | A global law firm advising PO on the acquisition of Elsat. |
| InfraVia Capital Partners | Joint Venture Partner | Company | A specialist in infrastructure and technology investments, managing the parent company of Plug Finco Srl. |
| iliad Group | Joint Venture Partner | Company | A telecommunications company involved in the joint venture with PO through its subsidiary P4 sp. z o.o. |