BKS Capital Partners (BKS), completed the acquisition of 3 Czech cable TV and Internet companies: Telto s.r.o., HBTV s.r.o, and Amos a.s.. BKS will continue to invest in these companies as well as in future acquisitions in order to deliver high quality triple play services (television, internet and telephony) in small and mid sized cities in the Czech Republic. BKS is in exclusive negotiations to acquire a further 50,000 subscribers to add to its network.
BKS expects to grow its network to more than 100.000 subscribers in Czech Republic within the next 18 months both by purchasing existing companies, and by rolling out networks in towns that are not presently covered by cable TV networks. BKS focuses on secondary towns and cities (by size) in the Czech Republic that have been underserved.
This strategy is supported by a strong management team of cable television and telecoms professionals in Nicolas Boissin, CEO of BKS Capital Partners, who restructured and led the sale of one of the largest cable TV companies in Poland with more than 250.000 subscribers; Ivan Laska who is former vice-minister of the Czechoslovak Ministry of Transport and Communications and founder and former CEO of GTS Czech and Slovakia and Jan Dasovsky who founded and runs Self Servis, a cable TV company based in South Moravia that provides highest quality triple play services.
Richard Seewald, Chairman of BKS, said: "We believe there is tremendous opportunity to improve triple play services (cable, internet and telephony) in small and mid sized cities in the Czech Republic where BKS has established a platform with it’s three latest acquisitions. BKS expects to add a further 50.000 subscribers over the course of the next months and with Mr. Boissin, Mr. Laska and Mr. Dasovsky, there is a very experienced team in place set to execute this strategy."
BKS CAPITAL PARTNERS:
BKS Capital Partners is a private investment group focusing on cable television and media investment opportunities in the central and eastern European region.
If you would like more information on this topic, please, contact Mr. Nicolas Boissin at tel. +42 0 603 151 902.
Contact:
BKS CAPITAL PARTNERS
Nicolas Boissin
Tel.: +420 603 151 902
E-mail: boissin@bks-capital.com