• Liberty Global has agreed to sell its Slovakian cable operator UPC Slovakia to e& PPF Telecom Group for €95 million.
• The deal reflects ongoing consolidation in Central and Eastern Europe’s telecoms markets.
What happened: Liberty Global exits Slovak market via asset sale
Liberty Global has agreed to sell UPC Slovakia to e& PPF Telecom Group for €95 million, continuing its strategy of reshaping its European portfolio. The transaction covers UPC’s fixed broadband and television operations in Slovakia, which serve hundreds of thousands of customers across the country.
The buyer, e& PPF Telecom Group, already has a significant presence in Central and Eastern Europe through mobile and fixed assets in several markets. By adding UPC Slovakia, the group strengthens its footprint in the region and expands its fixed-line capabilities alongside its existing mobile operations.
For Liberty Global, the sale marks a further step in its gradual withdrawal from smaller or non-core markets. In recent years, the company has focused on simplifying its structure, freeing up capital and concentrating on markets where it sees stronger long-term growth prospects or strategic value.
The companies said the deal remains subject to customary regulatory approvals. Once completed, operational control of UPC Slovakia will transfer to e& PPF, which is expected to integrate the business into its broader regional platform.
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Why it’s important
The sale highlights the steady pace of consolidation in Europe’s telecom sector, particularly in Central and Eastern Europe. Operators in these markets face rising investment demands, driven by fibre roll-outs, network upgrades and increasing competition from over-the-top services. As a result, scale and regional integration are becoming more important.
For e& PPF Telecom Group, the acquisition offers an opportunity to deepen convergence by combining fixed broadband, pay-TV and mobile services. Such bundled offerings can help improve customer retention and create new revenue streams, especially in markets where price competition is intense.
Meanwhile, Liberty Global’s exit underlines a broader trend among large international operators to streamline portfolios and focus capital on fewer, higher-priority regions. By divesting smaller assets, companies can strengthen balance sheets and redirect resources towards growth areas such as fibre, cloud connectivity and digital services.
From a regulatory and competitive standpoint, the transaction will also be watched closely. Market consolidation can deliver efficiency gains, but it can also raise concerns about reduced competition. Regulators will therefore assess whether the deal maintains sufficient consumer choice and fair pricing in Slovakia’s telecom market.
Overall, the transaction reflects how strategic priorities continue to evolve as European telecom operators adapt to structural change, technological demands and shifting consumer behaviour.
