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Tele Columbus on growth course

March 21, 2016 08.46 Europe/London By Jörn Krieger

Tele Columbus BerlinGermany’s third-largest cable operator Tele Columbus reports strong growth following its acquisitions of Primacom and Pepcom which have been included in the corporate figures since August 1 and December 1, 2015 respectively.

The company which has been serving 2.44 million customers at the end of 2015 has increased its number of internet customers by 99,000 to 462,000 in Q4 2015. The number of telephony customers rose by 75,000 to 427,000 while the number of premium TV customers grew by 11,000 to 426,000.

In total, the Tele Columbus network reaches 3.6 million households. 61% of the base has been upgraded with a return channel for internet and telephony.

Internet service provider United Internet (1&1, GMX, web.de) has recently become the largest shareholder in Tele Columbus with a 25.11% stake following the approval of the deal by the German anti-trust authority.

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Filed Under: Cable, Newsline, Platforms Tagged With: customers, internet, Pepcom, PrimaCom, Tele Columbus, telephony, United Internet Edited: 21 March 2016 08:46

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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