After successfully fighting off the attentions of its bigger rival, Kabel Deutschland, Hanover-based Tele Columbus – Germany’s third biggest cableco – has said it wants to aggressively grow its market share through acquisition.
Dietmar Schickel, Tele…
After successfully fighting off the attentions of its bigger rival, Kabel Deutschland, Hanover-based Tele Columbus – Germany’s third biggest cableco – has said it wants to aggressively grow its market share through acquisition.
Dietmar Schickel, Tele Columbus’ MD said in a press conference: “We are always interested in suitably complementing our infrastructure [and will] evaluate all possibilities to extend our assets through purchases or takeovers in a technologically and economically reasonable way if occasions arise.”
The conference came six months after the buy-out of Tele Columbus’ by German private equity shop, Nikolaus & Co. Tele Columbus, formerly a unit of Orion Cable GmBH, had previously highlighted its intentions to participate in consolidating cable networks in former East Germany.
