German cable operator Kabel Deutschland (KDG) is eyeing the acquisition of level 4 cable operator Tele Columbus in the medium term, chief executive Adrian von Hammerstein has reportedly said.
The comments come after the company completed its initial public offering, which valued it at 5bn and saw it raise US$1bn (Â0.7bn) for private equity owner Providence Equity Partners. Von Hammerstein forecast consolidation in the mid-term and said that mergers with regional cable operators won’t come into consideration before that as a result of antitrust issues.
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25 January 2022 @ 20:30:00 UTC