We are pleased to announce that Grant Thornton experts provided advisory services to Play Group in the acquisition process of 100% shares of Miconet Sp. z o.o. based in Mikołów.

Our support included tax and financial due diligence services, as well as transactional and financial advisory on selected aspects of the transaction, such as SPA (Sale and Purchase Agreement) negotiations.

The transaction will allow our client to strengthen its position in Silesia and significantly expand the coverage of fiber-optic internet and digital television services.

Miconet operates under the brand name Multimetro, offering services through a 640 km fiber-optic network, covering 42,000 households in 28 towns and villages in the Silesian Voivodeship.

Play Group, part of the French Iliad Group, one of the largest telecommunications groups in Europe, is a leading provider of mobile services, fixed-line internet and digital television. It serves over 17 million customers and also provides comprehensive ICT solutions and a data center dedicated to business. Play currently has over 10,500 base stations and covers nearly 100% of the Polish population, as well as a fiber optic network that will ultimately reach over 6 million households, providing customers in Poland with access to the highest quality fiber optic internet and freedom of choice.

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