German cable consolidation blocked?
April 6, 2009
According to German press reports the federal compeition authorities are set to block any putitive merger of the country's major operators.
There has been much specualtion that the major three networks, KDG, Unity and Kabel BW – all owned by private equity and all derived from the former Deutsche Telekom network – want to 're-merge' and benefit from the economies of scale. All three are heavily indebted. However, the Bundeskartellamt is said to object to such a deal as it would be anticompetitve and recreate a defacto monopoly.
Other posts by :
- Hughes Satellite facing cash crunch
- Major banks support AST SpaceMobile
- Fitch downgrades DirecTV debt
- Some new US Starlink subs face $1,000 start-up fee
- Project Kuiper beating OneWeb
- OQ Tech gets Luxembourg 5G-by-Sat concession
- Roskosmos: Heads roll, launch project scrapped
- MDA under pressure over satellite order
