Liberty Global, the US-owner of UPC Broadband, is to purchase the German cablenet Unity Media for €3.5 billion. Private equity owners Finakabel Holdings/BC Partners and Apollo Management were expected to launch an IPO yesterday (November 12), when the operator announced its third quarter results, being named as the most likely date for an announcement.
The German cable operator Unitymedia will add four new channels to its digital line-up – Servus TV, Lust Pur, ZDFneo and Russia Today – from November 1.
In November, German cabler Unitymedia will roll out 120 Mbps DOCSIS 3.0 broadband access in the cities of Cologne and Aachen as part of a new high speed flat-rate triple play offer. Pricing will be set closer to launch.