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Tele Columbus finalises acquisition of Pepcom

November 30, 2015 18.50 Europe/London By Jörn Krieger

Tele Columbus BerlinGermany’s third-largest cable operator Tele Columbus has completed the takeover of smaller market player Pepcom.

With the acquisition announced in mid-September 2015, Tele Columbus expands its coverage area to metropolitan regions such as Frankfurt, Nuremberg and Munich und strengthens its market position as the third industry force after Vodafone Kabel Deutschland and Liberty Global subsidiary Unitymedia.

The number of connected households rises to 3.6 million.

Tele Columbus purchases the cable operator reaching around 790,000 connected households for €608 million from UK-based financial investor Star Capital.

Pepcom based in Unterföhring near Munich operates more than 100 local and regional networks. Part of the company are, among other assets, a 70% shareholding in Munich-based cable operator KMS and HL komm, a fibre-optic network operator based in Leipzig.

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Filed Under: Cable, Finance, Newsline, Platforms Tagged With: cable, Germany, HL komm, KMS, Pepcom, Star Capital, takeover, Tele Columbus Edited: 1 December 2015 11:51

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About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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