CORPORATE BRIEFS

Dutch UPC firm gets nod for Slovakia cable TV buy

Dutch-based cable television firm United Pan European Communications said on May 25 it had received regulatory approval to seal its buy of a 95.63% stake in Slovakia's SKT cable television firm from Siemens Austria.

UPC said in a statement it paid $41 million, or 37 million euros, for the deal, which will make it the largest cable operator in the Slovak Republic. SKT was the largest cable television provider in the Slovak Republic, with around 156,000 subscribers, UPC said.

"The completion of the purchase of SKT is an important step for UPC as we seek to extend our network in central and eastern Europe," the statement said. UPC said it now has about 750,000 homes in central and eastern Europe connected to its network.

The company was recently floated in Amsterdam and on Nasdaq. United International Holdings retained a majority stake.

Get daily Slovak news directly to your inbox

Top stories

News digest: Slovakia tests en mass and launches vaccination of seniors

Health minister admits resignation if alert system not observed. Slovak diplomat has a new lucrative post.

The vaccination in nursing homes started.

A swab instead of a jab. The renamed testing kicked off

The government spent the week deciding about nationwide testing. Lockdown is starting to show in infection numbers, experts say.

Košice

Curfew will be prolonged. Negative test result will be required for work or trips to nature (FAQ)

Here are some of the answers to questions about the ongoing mass testing.

Nitra

Why Trump's Twitter ban is no censorship

The solution is to force Facebook to regulate their content more — not less.