
Deutsche Telekom considers bid for Tele Columbus - report

Deutsche Telekom is considering the takeover of German regional cable network operator Tele Columbus in a bid to strengthen its domestic market position against cable rivals Kabel Deutschland and Liberty Global, reports Reuters citing unnamed banking sources. Stopping its cable rivals from acquiring Tele Columbus would help show that Telekom was refocusing on boosting its domestic operations after a deal to sell T-Mobile USA to AT&T collapsed. Buying Tele Columbus would allow Telekom to boost its broadband speeds.
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