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.