Sunday, 25 June 2017

Cinven plans 'significant' investment in Telekom Slovenije

By Nick Wood, Total Telecom
Friday 17 April 15

U.K. private equity firm pledges to extend operator's 4G network to 90% population coverage; talks up telco expertise.

U.K. private equity firm Cinven has confirmed it made an offer for Telekom Slovenije and has pledged to invest in the incumbent's networks and operations. The company did not put a figure on precisely how much money it intends to spend, but said it will substantially increase investment in Telekom Slovenije's fibre network to offer high-speed fixed broadband, and will extend the operator's 4G coverage to 90% of the population…

U.K. private equity firm Cinven has confirmed it made an offer for Telekom Slovenije and has pledged to invest in the incumbent's networks and operations. The company did not put a figure on precisely how much money it intends to spend, but said it will substantially increase investment in Telekom Slovenije's fibre network to offer high-speed fixed broadband, and will extend the operator's 4G coverage to 90% of the population…

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