Monday, August 18, 2014

Deutsche Telekom considers cable acquisitions

Deutsche TelekomGermany’s national telco Deutsche Telecom considers taking over cable operators to strengthen its position in the domestic broadband market.
It would be imaginable for Telekom to acquire smaller cable companies such as Tele Columbus or PrimaCom in the near future, Niek Jan van Damme, head of Telekom Deutschland, confirmed in an interview with German news magazine Focus.
“We are taking a close look at the cable TV market and keep purchase options open. But it has to fit,” said van Damme.
Deutsche Telekom was believed to be one of the parties interested in taking over PrimaCom in spring 2012, but the cable company decided to end discussions about a possible sale after evaluating its options.

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