KDG could float next year

German cable operator Kabel Deutschland is considering an IPO next year.

Speaking at a Barcelona conference, chief financial officer Paul Thomason said that while KDG’s owners had yet to decide whether an IPO was the best option, the company could float next year if market conditions are right.

Thomason also confirmed that KDG had not been approached by Liberty Global, which last week agreed to acquired rival operator Unitymedia in a deal worth €3.5bn. 

KDG, which is 88% owned by Providence Equity, has almost 12 million customers. It offers TV, internet and telephony services.