Netgem has announced the acquisition of the French broadband subscriber Comcable.
The 3,500-subscriber business operates on public initiative networks.
Comcable customers will now enjoy Netgem’s streaming service myVIDEOFUTUR and its 4K set-top box.
“This operation allows us to consolidate our objectives for new subscribers acquisition in 2020 and to offset the commercial impact linked to confinement measures, while preserving our objectives of controlling customer acquisition costs, with a cash return on investment within less than two years”.
Netgem already holds broadband connectivity in Ile-de-France, mainly in the departments of Seine-et-Marne and Essonne, and also in the Somme, Alsace, Doubs, Manche, the European Metropolis of Lille, Moselle and Meurthe-et-Moselle. The new acquisition takes it ontp the public network of Jura.