Macquarie Asset Management (MAM) is selling its stakes in Polish fiber-to-the-home (FTTH) network provider Fiberhost and telecommunications service provider INEA to Deutsche Telekom for €1 billion ($1.16bn).

Both companies will now be absorbed into the latter’s Polish subsidiary, T-Mobile Polska, with the transaction expected to be concluded at the end of 2026. DCD has approached MAM for comment.

“Over the past eight years, we have partnered with management to support the development of Fiberhost and INEA, helping to create one of Poland’s leading fiber infrastructure platforms,” said MAM’s managing director, Cord von Lewinski, in a statement. “Together, we expanded network coverage, increased wholesale access, and improved connectivity for communities and businesses across the country. We thank both management teams for their partnership and look forward to seeing both businesses continue to build on this strong foundation under Deutsche Telekom’s stewardship.”

MAM is a global asset manager headquartered in Sydney, Australia. It bought INEA, then based in western Poland, in 2018. The telecommunications firm now claims to serve more than 300,000 individual customers. Three years later, MAM spun off its FTTH arm as Fiberhost. The latter firm now operates a last-mile network connecting 3,000 schools and up to 1.4 million homes across eight Polish regions.

T-Mobile Polska’s CEO, Andreas Maierhofer, welcomed its acquisition of INEA and Fiberhost. “Our award-winning mobile network, nationwide backbone, data centers, and fiber infrastructure will now be complemented by our own fiber-to-the-home network,” said Maierhofer, allowing the firm to “further develop our already successful portfolio of convergent products.”

MAM’s divestment of INEA and Fiberhost follows a series of major acquisitions and investments in recent months. This includes its creation of data center operator Theseus Infrastructure, in partnership with AI company Anthropic and investment firm GIC, its purchase of IHS Towers' Latin America (Latam) wireless tower operations for $952 million, and a KRW 600 billion ($420 million) deal with South Korea’s cloud and IT firm Gabia Inc. and its subsidiary KINX to fund its data center buildout in the country.

Learn more about the data center market in Poland and Eastern Europe, and meet with other executives and experts from the region at the DCN Warsaw event later this year.