PPF Group acquires stake in ČD Telematika
PPF Group announces that it has acquired a 29.04% equity stake in ČD Telematika, a leading Czech provider of wholesale internet, data and voice services. ČD Telematika is also a supplier of services in fibre-optic infrastructure management, maintenance and rollout.
PPF has acquired the stake from the UNICAPITAL investment group. The two parties agreed that the purchase price and other details of the agreement will not be disclosed. The acquisition of the stake is part of PPF’s long-term strategy in the telecoms infrastructure sector.