Aster
Country: Poland
Industry: Cable TV
Initial Investment Date: March 2006
Fund: Fund II
Website: www.aster.pl

In March 2006 Mid Europa, alongside Aster's management team, acquired 100% of the Company. Aster is Poland's first quadruple-play service provider, offering television, broadband internet and mobile and fixed line telephony services. Aster was the first operator to introduce digital CATV services, triple and quadruple-play, and with approximately 380,000 subscribers, it is the fourth largest CATV operator in Poland. The company's network, which is largely return-path upgraded, passes over approximately 825,000 homes.
Mid Europa Partners' history with Aster and its management initiated through an investment made by Fund I, together with two other private equity investment firms in March 2003. Fund I's investment in Aster was sold to funds managed by Hicks, Muse, Tate & Furst in October 2004.
