Finland's Eltel buys Poland's TKC

Finland's Eltel Networks said in a statement Monday it had signed an agreement to buy Polish peer TKC.

"With this acquisition, Eltel Networks will further strengthen its position in Poland as the leading service provider to the Polish telecom industry, servicing both fixed and mobile networks," the statement added, not revealing the value of the deal.

TKC employs some 580 people in Poland

Eltel had bought another Polish telecommunications company, K-Tel, in February.

Source: newsroom.finland.fi