Ball to stand down from KDG
October 14, 2013 11.16 Europe/London By Julian Clover
Tony Ball will today resign his chairmanship of Kabel Deutschland. The former BSkyB CEO is stepping down following the Ä7 billion takeover of the cablenet by Vodafone.
Ball, who led BSkyB between 1999 and 2003, has been executive chairman of Germanyís largest cable operator since 2005. He is also a non-executive director at BT Group.
In an interview with the Daily Telegraph, Ball said KDG was a boring company before his arrival: ďAll it did was provide analogue television to 10m German homes. In Germany, there wasnít really terrestrial television as we have it in the UK. Most homes received their TV through wires, for which they paid a small fee. Most customers didnít even know they were customers because they would get their cable through their housing association contracts.Ē
The operatorís fortunes changed following a management reshuffle and a move towards digitisation.
Separately, KDG has confirmed Vodafone now holds 76.57% of the company.