Tele Columbus’s Pepcom upgrades network

Tele Columbus-owned German cable operator Pepcom has upgraded the cable network in the town of Lübben in Brandenburg. Pepcom has installed a new headend and new fibre network in the town, bringing high-speed connectivity to 3,000 additional homes. The new network brings speeds of up to 400Mbps to Lübben residents, with speeds of up to […]

Tele Columbus on target after solid H1 results

German cable operator Tele Columbus has reiterated its targets for the end of this year after turning in solid first-half results, and has confirmed its plans to move ahead with a company-wide rebrand this quarter. Tele Columbus posted revenues of €245.4 million for the first half, up 4%. Normalised EBITDA was €123.5 million, up 7%, […]

Tele Columbus extends HDTV promo period

German cable operator Tele Columbus has extended a three-month free HDTV offer until the end of June. The moves take the three-month free trial period up to the quarter final stage of the Euro 2016 football championship and applies across Tele Columbus, Primacom and Pepcom networks. Subscribers who sign up for the free period will […]

Tele Columbus names HL Komm management team

German cable operator Tele Columbus has named a new management team to take charge of HL Komm, the enterprise business-focused unit it acquired along with Pepcom last year. Tele Columbus has named Richard Fahringer and Erik Dähne as co-CEOs of the unit, charged with developing the company’s position in the enterprise market under the Tele […]

Tele Columbus completes Pepcom acquisition

German cable operator Tele Columbus has completed the acquisition of the country’s number four cable operator Pepcom, having previously announced its agreement to take over the company in September. The acquisition expands Tele Columbus’s presence in key urban centres including Frankfurt, Nuremburg and Munich, and, along with the earlier acquisition of Primacom, takes its overall […]

Tele Columbus ‘opens new chapter’ with post-Primacom results

German cable operator Tele Columbus posted revenues of €73.9 million, up 37.4%, and EBITDA of €36.9 million, up 43.3%, in its first quarterly results since the acquisition and consolidation of Primacom, which took place in August. Tele Columbus had 397,000 premium TV subscribers as of September 30, up 143.8%. Broadband customers numbered 363,000, up 84.6% […]

Tele Columbus launches capital increase

German cable operator Tele Columbus has launched a rights issue to help finance the acquisition of smaller operators PrimaCom and Pepcom as its seeks to secure its place among the consolidator players in the market. Tele Columbus is offering shares at a discount of about 33.1% on theoretical ex-rights price, based on Friday’s closing price. […]

Tele Columbus makes changes to top management team

German cable operator Tele Columbus has made a number of senior management appointments ahead of its integration of smaller service provider Pepcom. Joachim Grendel, the former chairman and CEO of Primacom, which Tele Columbus acquired earlier this year, is leaving the company at his own request. Integration of Primacom and Pepcom will be led by […]

Tele Columbus shareholders approve capital increase

An Extraordinary General Meeting of Tele Columbus shareholders has approved a capital increase of up to 100% of the existing capital with pre-emptive rights to finance the acquisition of Pepcom. Tele Columbus, Germany’s third largest cable operator, announced this week that it was acquiring Pepcom for €608 million from existing owner Star Capital. Pepcom operates […]

Tele Columbus buys German cable rival Pepcom for €608 million

Germany’s third largest cable operator, Tele Columbus, has agreed to buy the number-four player Pepcom for €608 million, in its latest consolidation effort in its home market. Tele Columbus is buying Pepcom from Star Capital in a deal that will give Telecolumbus a footprint of 3.7 million connected homes and expand its presence in Pepcom’s […]