Report: Investors have Tele Columbus and Primacom in their sights

October 15, 2013 11.04 Europe/London By Broadband TV News Deutschland

Financial investors should consider buying the cable operator Tele Columbus and Primacom, a report has said, citing Wall St insiders.

The CEO of Tele Columbus, Ronny Verhelst, confirmed to the news service that a sales process was underway, emphasising that the future of smaller players in the German cable market lies in consolidation.

Verhelst said that Tele Columbus wanted to play a leading role in the process.