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CETIN a.s. agreed to acquire Nej.cz
CETIN a.s., a subsidiary of PPF Telecom Group, has agreed to acquire Nej.cz, a Czech internet service provider (ISP).
Nej.cz’s infrastructure passes nearly half a million households, mostly with optical fibre, and connects almost a quarter of a million of active subscribers. This will complement CETIN’s own infrastructure with 4.2 million households passed, and more than a million households connected, mostly through FTTC/xDSL.
The closing of the transaction is pending approval by the Czech Competition Authority.