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Broadband

Cartel Office blocks Kabel Deutschland, Tele Columbus deal

Tuesday 19 February 2013 | 11:15 CET | News
Germany's Federal Cartel Office has rejected a remedy package offered by German cable network operator Kabel Deutschland for its proposed acquisition of rival Tele Columbus. Kabel Deutschland offered to divest Tele Columbus networks in the cities of Berlin, Dresden and Cottbus. However, the Cartel Office wants the company to divest around 60 percent of Tele Columbus networks in Eastern Germany, twice as many as offered by Kabel Deutschland. Kabel Deutschland believes that these demands are not commercially reasonable and now expects the takeover to be blocked by the regulator. It said it will

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Categories: Fixed
Companies: Kabel Deutschland / Tele Columbus
Countries: Germany
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