Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Tele Columbus Acquisition of PrimaCom

Posted 3rd August 2015

Tele Columbus Acquisition of PrimaCom

Tele Columbus Acquisition of PrimaCom

Scroll to keep reading

Tele Columbus Acquisition of PrimaCom

Tele Columbus Acquisition of PrimaCom

The Tele Columbus Group, the third largest German cable network operator, announced that it has entered into an agreement to acquire PrimaCom Holding GmbH, the fourth largest German cable network operator, for a total consideration of EUR 711 million on a cash and debt free basis.

The combination of two of the leading German operators leads to a strong number three player in the German cable market bringing together 2.8 million homes connected and two well-established Housing Association customer portfolios on one platform. Transaction closing is expected on 31 July 2015.

With the acquisition of PrimaCom, Tele Columbus is successfully driving the consolidation of the German cable market and underlining its leading role in this process. The combination of the two biggest German medium-sized providers is pushing competition in the Internet & Telephony and Premium TV sector. The new combined company offers attractive growth potential and enables the company to realize scale efficiencies across the combined customer and network base. The combination of both companies allows the acceleration in the development and technological innovation of new and existing products in the interest of our partners and customers.

Categories: Finance, M&A

You Might Also Like

Cloud for Healthcare: Opportunities and Challenges

10/06/2024Cloud for Healthcare: Opportunities and Challenges

The e-Health Cloud offers many opportunities. It can improve patient care and streamline admin processes. Yet, its potential is high. But, adopting cloud computing in healthcare is full of challenges. This article explores the opportunities and the big obstacl

How Sergey Petrossov Applied JetSmarter and XOJET Lessons to Aero Ventures

24/11/2025How Sergey Petrossov Applied JetSmarter and XOJET Lessons to Aero Ventures

Entrepreneur Sergey Petrossov’s three private aviation ventures share a common thread: each targets a specific inefficiency in high-value transactions through technology. For Petrossov, who founded JetSmarter in 2012, lessons learned have compounde

6 Ways to Reduce Accounting Errors In SMBs

03/02/20226 Ways to Reduce Accounting Errors In SMBs

For any business in general, accounting is a crucial part of operations. But for small- and medium-size businesses (SMBs) in particular, it’s an aspect that should be handled with utmost care. Given the size of the organization, even the slightest mistake co

Doing Business Overseas

05/05/2016Doing Business Overseas

Landing Dione is a Consultant, who specialises in real estate management and strategies, quality management, value chain management, project management and business development.

Baker & McKenzie Advise During Walmark’s Acquisition of Pneumolan

20/08/2015Baker & McKenzie Advise During Walmark’s Acquisition of Pneumolan

Baker & McKenzie Advise During Walmark's Acquisition of Pneumolan

4 Tips For Automating Your Business Security Successfully

08/09/20224 Tips For Automating Your Business Security Successfully

According to Statistica, 47.3% of companies are embracing automation from a security perspective. If you’re looking to automate your business’ security successfully, you need an awareness of the tools and technologies most beneficial for security automatio

Financial Services Firms Update In-house Technology on a Reactive Basis

06/03/2019Financial Services Firms Update In-house Technology on a Reactive Basis

More than half (52%) of senior decision-makers in financial services organisations across the US and Europe, said they look to update or replace in-house solutions because they become technologically outdated. That’s according to a new in-depth study, commis

What Are the Possible Impacts of Flipkart Purchasing eBay India?

20/04/2017What Are the Possible Impacts of Flipkart Purchasing eBay India?

Electronic commerce company Flipkart has recently announced that it will be purchasing eBay India. This is in an effort to further their influence in the country against rival company Amazon, and is surely a move which will serve to heighten competition betwee

Prepare for the Future with These Investment Strategies

01/10/2021Prepare for the Future with These Investment Strategies

Don’t just leave your money sitting in your bank account to earn hardly anything in interest. Instead, check out the investment options that are outlined in this infographic from HotForex, and continue reading to learn more.

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS