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Tele Columbus converts to public company

Monday 15 September 2014 | 15:24 CET | News
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German cable operator Tele Columbus has converted to an AG. The move to a public limited liability company from the more common privately held GmbH corporate form in Germany suggests that the country's third-largest cable operator may be planning to list on the stock market. Tele Columbus said the legal change would have no impact on its operations and it will remain based in Berlin. This completes a restructuring started earlier by the group, after its proposed merger with Kabel Deutschland was vetoed by competition regulators. The new management board will include CEO Ronny Verhelst and CFO

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