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Primacom rejects takeover offer by Tele Columbus

2013-11-20 01:00:00| Total Telecom industry news

Primacom MD says firm not up for sale

Tags: offer columbus tele rejects

 

NetRange provides Italy's TELE System with Smart TV portal

2013-10-18 21:00:18| Digital TV News

NetRange has announced that it has signed a cooperation with Italian STB maker, TELE System, to provide TELE Systems set-top-boxes with Smart TV portals. The cooperation covers devices ranging from pure IP to hybrid devices.

Tags: system portal smart tele

 
 

Kabel Deutschland abandons Tele Columbus deal

2013-09-24 15:15:00| Telecompaper Headlines

(Telecompaper) German cable network operator Kabel Deutschland has finally abandoned its plans to acquire rival Tele Columbus, Reuters reports. A Kabel Deutschland spokesperson said that it had withdrawn its appeal against a Federal Cartel Office decision to block the takeover. The spokesperson said that it did not want a protracted legal battle following its takeover by Vodafone Group.

Tags: deutschland deal columbus tele

 

India's Tata Tele to raise 5 bln rupees via bonds

2013-06-24 09:18:26| Steel - Topix.net

Tata Teleservices Ltd , India's sixth-biggest cellular carrier by customers, is planning to raise 5 billion rupees through triple-tranche bonds, a termsheet showed.

Tags: via raise bonds tele

 

Cartel Office blocks Kabel Deutschland, Tele Columbus deal

2013-02-19 11:15:00| Telecompaper Headlines

(Telecompaper) 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 instead focus on exploiting organic growth potential, focusing on internet, phone and premium TV services. Kabel Deutschland first announced the proposed takeover last May, for EUR 603 million. In December 2012, the regulator raised objections, and in January, the operator offered to sell some of the Tele Columbus assets to gain approval.

Tags: office deutschland deal blocks

 

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