The owners of Komtech Group, parent company of Telekabel Arbon, Schefer and Grischa Vision, have confirmed they are selling 100 per cent of their shares to upc cablecom. The three cable networks have been partners of the company for many years.

The cable operators Telekabel Arbon, Schefer and Grischa Vision provide around 23,000 customers with telecommunications services in the regions of Oberthurgau (including Arbon, Steinach, Egnach, Roggwil), Rorschach (including Rorschach, Goldach, Rorschacherberg, Heiden) and Graubünden (including St. Moritz, Arosa, Trimmis, Bonaduz).

upc cablecom’s management will ensure that investments are being made in the powerful glass fibre optic cable network and the products, so that customers can continue to be offered the latest and most powerful products at attractive prices. This transaction will secure the cable networks’ future for their customers.

Other posts by :

1. Italy joins Germany in IRIS2 alternate thoughts
2. Kazakhstan to create museum at Yuri Gagarin launch site
3. AST SpaceMobile gets $42 or $1500 price target
4. Analyst: GEO bloodbath taking place
5. SES AGM results: Appaloosa still objecting
6. SpaceX’s Shotwell worth $1.2bn
7. SpinLaunch’s revolutionary plan for 280 satellites
8. Consolidation impacts satellite sector
9. Project Kuiper plans first satellite launch

Categories: Articles, Business, Cable, M&A