Wolf Theiss advises T-Mobile on the acquisition of UPC Austria

Vienna, 22 December 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.

Horst Ebhardt, partner Corporate/M&A comments: “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″.

The Wolf Theiss team also included:

Corporate/M&A: Partner Horst Ebhardt and Partner Hartwig Kienast (transaction coordination)Partner Richard Clegg, Partner Christian Mikosch, Senior Associate Jiayan Zhu, Associate Daniel Kocab, Associate Lukas Pinegger, Associate David Gschaider.

Reorganization / Outsourcing: Partner Hartwig Kienast 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
Roman Reuter, Regulatory, Group Legal Affairs, Senior Counsel

The Amsterdam firm of Nauta Dutilh covered Dutch law for T-Mobile.