UPC swallows up 7 Romanian cablers

World Brief

Regional cable giant United Pan-European Communications (UPC) has acquired seven Romanian cable companies as part of a $60 million expansion.

The companies are Multicanal Holding, Aparatura Electronica Seltron, Diplomatic Intl. Comimpex, Somax, Control Cable Venture, Selektronic and Portal Export-Import.

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    Regional cable giant United Pan-European Communications (UPC) has acquired seven Romanian cable companies as part of a $60 million expansion. The companies are Multicanal Holding, Aparatura Electronica Seltron, Diplomatic Intl. Comimpex, Somax, Control Cable Venture, Selektronic and Portal Export-Import.

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