The German competition authority Bundeskartellamt has approved the acquisition of some of the Orion cable networks by Kabel Deutschland KDG. The deal will bring 1.2 million households into the KDG fold. The authority confirmed newspaper reports that it would approve the takeover, but said the date set for the final decision would be April 7. The contract is worth €585 million and comprises networks in eight states.
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 [email protected].