Germany’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.