Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, New Cartel office approves cable deal at General Satellite News forum; Cartel office approves cable deal Germanys federal cartel office has given the green light to cable company Unitymedias purchase of ...

Reply
 
LinkBack Thread Tools Display Modes
New Cartel office approves cable deal
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 100945
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 36
New Cartel office approves cable deal - 23-August-2008, 14:10

Cartel office approves cable deal

Germanys federal cartel office has given the green light to cable company Unitymedias purchase of the local cable networks in the towns of Aachen and Wiesbaden from smaller competitor PrimaCom.
The acquisition, for which the company paid a total of around 49 million, should be completed by the end of August. The transaction was announced earlier this month. With the annexation of PrimaComs last mile level 4 networks to its preceding level 3 networks, Unitymedia will in future be able to supply the approximately 100,000 cable households in Aachen and Wiesbaden directly with its triple play bundle of TV, internet and telephony. To make this technically possible, the company plans to upgrade the networks at a cost of around 7 million.

In return, PrimaCom plans to concentrate on its focus regions in mid and eastern Germany.

Unitymedia reported subscribers up from 5.546 million at the end of June 2007 to 5.936 million at the end of June 2008. The proportion of subscribers taking new services such as digital TV or broadband internet doubled to 22%, or 1.224 million. Basic cable subs fell 152,000 to 4.712 million. Cable revenues grew 13% to 409.3 million.
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox