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Tele Columbus emerges on top from financial troubles

Friday 17 July 2015 | 08:52 CET | News
Germany's third largest cable operator Tele Columbus has announced an agreement to acquire Germany's fourth largest cable operator Primacom for EUR 711 million. The combination will have 2.9 million homes passed and combined annual revenue (based on 2014 figures) of EUR 345 million and a combined EBITDA of EUR 154 million. The acquisition follows several years after both operators emerged successfully from financial problems and the failed attempt by Kabel Deutschland to acquire Tele Columbus.

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Categories: Fixed
Companies: Drillisch / Kabel Deutschland / PrimaCom / Tele Columbus / Telefonica Deutschland / Telekom Deutschland / United Internet / Unitymedia / Vodafone
Countries: Germany
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