Numericable Belgium on block for investors

Deficom Telecom a consortium of investment companies, allied with the UKs private-equity house Apax, have entered into negotiations to acquire Numericable networks in Belgium and Luxembourg.

The cable operator has doubled its revenues and increased its operating income fivefold since 2003 thanks to the success of triple-play services. It is the main player in the Brussels region and accounts for about 25 per cent of the Luxembourg cable market. The company said that operational links with Numericable France would be maintained under the new ownership structure.