European cable consolidation to continue
March 12, 2014 10.55 Europe/London By Chris Dziadul, Cable Congress 2014
Manuel KohnstammServed by nearly 6,000 companies and with only 50% belonging to large groups, Europe’s cable industry is still consolidating.
Speaking ahead of the start of cable Congress 2014, Manuel Kohnstamm, president Cable Europe and senior VP and chief policy officer, Liberty Global Europe, said with sectors such as mobile actively consolidating the industry is in fact on the wave of new consolidation, with the future being one of convergence.
He added that cable companies have the option to become MVNOs and this is a trend that will be seen more of in the future.
In his view, it is about connectivity and multiscreen technology.
On the other hand, this does not mean to say that cable companies will buy mobile operators.