Kabel BW buys Tele Columbus homes
By Julian Clover
May 11, 2010 11.38 UK
Kabel BW is to buy a number of regional networks in the state of Baden-Wuerttemberg from troubled rival Tele Columbus.
No details have been released of the transaction that will see Kabel BW purchase 50,000 of Tele Columbusí two million subscribers. The agreement is subject to regulatory approval.
Tele Columbus remains on the block after failed attempts by its creditors to find a buyer for the operation.
Kabel BW currently has a footprint of 2.3 million households.