Vienna, December 22 2017 - Wolf Theiss has advised mobile operator T-Mobile on the acquisition of UPC Austria. Liberty Global plc, the largest international cable network operator, was the seller. The purchase price amounts to € 1.9 billion, making it to one of the biggest transactions in Austria and Central Europe in 2017.
Wolf Theiss advised T-Mobile in all legal aspects of its acquisition. T-Mobile Austria is an Austrian mobile communications company and a fully-owned subsidiary of Deutsche Telekom AG. UPC is one of the leading providers of telecommunication and media in Austria and had been a subsidiary of Liberty Global. Liberty Global is the biggest international cable operator with sites in more than 30 countries in Europe, Latin America and the Caribbean.
The Wolf Theiss team was led by Partner Horst Ebhardt, Corporate/M&A. "We are proud to support T-Mobile as legal adviser with this strategic acquisition and what constitutes one of the most prominent transactions in Austria in 2017," Ebhardt said.
The Wolf Theiss team also included:
Corporate/M&A: Partner Richard Clegg, Partner Christian Mikosch, Partner Hartwig Kienast, Senior Associate Jiayan Zhu, Associate Daniel Kocab, Associate Lukas Pinegger, Associate David Gschaider.
IP/IT: Partner Georg Kresbach, Partner Roland Marko, Senior Associate Anja Greiner, Associate Bernhard Schmidt.
Public Law & Telecom Regulation: Partner Kurt Retter, Associate Johanna Kroeswagn
Employment: Partner Ralf Peschek, Associate Julia Morscher
Competition: Partner Günter Bauer, Senior Associate Robert Wagner
Tax: Partner Niklas Schmidt
Real Estate: Partner Karl Binder, Associate Jakob Jelinek
T-Mobile Austria: Anja Tretbar-Bustorf, Vice President Legal, Regulatory & Interception
Olivia Schauerhuber, Senior Vice President Strategy & Portfolio Management
Deutsche Telekom-AG: Christoph Appel, M&A, Corporate Finance, Senior Legal Counsel
The Amsterdam firm of Nauta Dutilh covered Dutch law for T-Mobile.
Liberty Global was advised by Freshfields (David Sonter, Partner, M&A, London).
