Kabel Deutschland merger plans on ice

Adrian von HammersteinPlans to merge the three former Deutsche Telekom cable networks in Germany have been put on ice, according to Kabel Deutschland CEO Adrian von Hammerstein, quoted in the local press.

During the past few months, Von Hammerstein has been very vocal to promote a merger between his cable network with Unitymedia and Kabel BW. However, the German monopoly commission Bundeskartellamt has prevented such a deal.

Kabel Deutschland will now look to acquire Level 4 operators that act as distributors for the KDG product. They are mostly housing corporations and communal dwellings that currently have wholesale contracts with the cabler and represent about 20% of all KDG customers.

The operator has also expressed interest in acquiring the nets of Orion Cable, an operator that serves about 3 million homes.

 

About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.
View Robert's full LinkedIn profile here

ADS BY GOOGLE