KabelBW completes TeleColumbus acquisition
By Robert Briel
Published: August 5, 2010 11.38 Europe/London
German operator KabelBW has completed the acquisition of the local cablenets from Tele Columbus in the state of Baden-Württemberg.
Last May, the two operators announced they had reached agreement on the sale of the local networks to KabelBW. After receiving the green light from the Bundeskartellamt, the sale has now been completed. No financial details about the deal have been made public.
As a result, KabelBW is now adding 43,000 homes to its fold in the cities of Reutlingen, Stuttgart, Karlsruhe, Schwäbisch Gmünd and Wertheim. In the coming months, KabelBW plan to roll outs its full product portfolio to the newly acquired customers.