Ziggo, now the largest cablenet in the Netherlands, is considering a stock market listing. Chief Financial Officer Walter Blom was quoted in financial daily Het Financieele Dagblad as saying the company was preparing for such an eventuality, but that the present economic climate was bad.
The article went on to suggest that Ziggo was interested in a merger with UPC Netherlands.
Ziggo was created by the merger of three Dutch cable companies owned by private equity companies Cinven and Warburg-Pincus. The entity has 3.3 million subscribers compared to UPC’s 2.2 million.
