Swiss telecommunications company Sunrise has agreed to acquire cable operator UPC Switzerland, a wholly-owned subsidiary of Liberty Global, for an enterprise value of CHF6.3 billion (€5.5 billion).
The possible acquisition of Liberty Global’s Swiss cable operator UPC Schweiz by Swiss telecommunications company Sunrise Communications Group is further taking shape.
German cable operator association FRK welcomes the decision by the European Commission (EC) to launch an in-depth investigation into Vodafone’s proposed acquisition of Liberty Global’s German subsidiary Unitymedia.
Tele Columbus, the third-largest German cable operator, rejects the planned acquisition of Unitymedia by Vodafone.
The Federal German Cartel Office intends to examine the takeover of German cable network operator Unitymedia by telecommunications group Vodafone itself and has requested the European Commission to refer the case to the German authority.
Germany’s third-largest cable operator Tele Columbus remains interested in acquisitions, mainly of small, but no longer big companies, CEO Ronny Verhelst said at the presentation of the company’s new 4K home platform AdvanceTV in Berlin.
Tele Columbus, the third largest German cable operator, gears up for further acquisitions following the recent completion of the takeover of Primacom.
German cable operator Tele Columbus has taken over several smaller operators and cable networks in April and May 2015, thereby adding a total of more than 30,000 households in Eastern Germany and federal state Lower Saxony to its customer base.
Germany’s fourth-largest cable operator PrimaCom wants to accelerate its growth through further acquisitions following last year’s takeover of DTK Deutsche Telekabel.
Germany’s third-largest cable operator Tele Columbus recorded a total of 52,000 new internet and telephony subscriptions in 2014.