Morgan Stanley Infrastructure Partners can complete its takeover offer of Germany’s second largest cable operator Tele Columbus.
An infrastructure fund of the US investment bank Morgan Stanley wants to acquire the majority stake in Germany’s second largest cable operator Tele Columbus.
German DSL provider 1&1 has set up a digital TV platform in collaboration with B2B service providers Zattoo and ABOX42.
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 federal German anti-trust authority Bundeskartellamt has given the green light to internet service provider United Internet to acquire further shares in cable operator Tele Columbus, a cartel office spokesman confirmed to Broadband TV News.
The recent acquisition of a major stake in Tele Columbus by United Internet is likely to be followed by further strategic moves in Germany’s vibrant cable market, expects Dietmar Schickel, former long-time managing director of cable operator Tele Columbus.
German internet service provider United Internet has – through its subsidiary United Internet Ventures – secured a share package of around 15.31% in cable operator Tele Columbus.
German internet service provider 1&1 has commenced giving the customers of its IPTV platform 1&1 Digital-TV the possibility to subscribe to the pay-TV packages of Sky Deutschland following a distribution deal signed between both companies.
Ralph Dommermuth, CEO of German telecommunications company United Internet, wants to further expand its broadband network in Germany following the recent takeover of Versatel.