acquisition

Fixed Broadband Wireless
Vodafone Greece acquires Cyta Hellas (300k FBB customers)
Vodafone today announces that Vodafone-Panafon Hellenic Telecommunications Company S.A. (“Vodafone Greece”) has agreed to acquire CYTA Telecommunications Hellas S.A. (“CYTA Hellas”) for a total enterprise value of €118 million. CYTA Hellas is a provider of fixed and mobile telecommunication services in Greece. It owns a fibre optic Next Generation Network and offers mobile services through an MVNO with Vodafone Greece. CYTA Hellas has around 300,000 fixed broadband customers (c. 8%…