German cablecos admit defeat on merger
July 8, 2009
Plans to merge the three former Deutsche Telekom cable nets in Germany are shelved admits Kabel Deutschland CEO Adrian von Hammerstein. The German monopoly commission Bundeskartellamt has outlawed the proposal.
Kabel Deutschland will turn its attention to buying Level 4 operators that are distributors for the KDG product. The operator has also expressed interest in acquiring Orion Cable, which serves three million homes.
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