Deutsche Telekom buys Macquarie’s Polish fibre and TV assets in a €1bn bet on convergence

Deutsche Telekom has agreed to buy two of Poland’s best-known fibre businesses, Fiberhost and INEA, from the Australian investment group Macquarie, in a deal worth roughly €1bn and aimed squarely at the country’s scramble to bundle mobile, broadband, and television into a single monthly bill.

The German operator confirmed on Monday that its local arm, T-Mobile Polska, would absorb both companies once regulators sign off, a purchase that quietly turns one of Europe’s fastest-growing broadband markets into a rather more concentrated one.

Poland, once regarded chiefly as a promising if uneven startup market, has become one of the continent’s quiet fibre success stories.

By late 2025 more than four-fifths of Polish households could reach a fibre line, comfortably above the European average, and the country now offers exactly the sort of dense, modern infrastructure that a large incumbent would rather own outright than rent from someone else.

The assets...

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