© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Tele Columbus Acquisition of PrimaCom
Posted 3rd August 2015

Tele Columbus Acquisition of PrimaCom

Tele Columbus Acquisition of PrimaCom

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

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
Read Full PostRead - Eye Icon
Mastering the Sales Funnel: A Guide for IT Development Companies
News
06/11/2023Mastering the Sales Funnel: A Guide for IT Development Companies

Article written by Alina Vasylenko, Business Analysis and Sales Management expert The art of selling isn’t just about making a pitch; it’s about guiding prospects through a carefully orchestrated journey.  The sales funnel, often termed the &#

Read Full PostRead - Eye Icon
PenFed Credit Union Announces Merger with Belvoir Federal Credit Union
M&A
31/03/2016PenFed Credit Union Announces Merger with Belvoir Federal Credit Union

PenFed Credit Union, nearly $20 billion in assets, 1.4 million members and headquartered in Alexandria, Virginia, announced that it will merge with the Woodbridge, Virginia headquartered Belvoir Federal Credit Union, which has $320 million in assets and more t

Read Full PostRead - Eye Icon
European Stocks Touch Seven-Year Highs as Economic Growth Picks Up
Finance
13/02/2015European Stocks Touch Seven-Year Highs as Economic Growth Picks Up

European stock markets hit seven-year highs in early trading as improved GDP figures boosted sentiment.

Read Full PostRead - Eye Icon
Bohai Leasing Completes Acquisition of Avolon Holdings, Ltd
Finance
11/01/2016Bohai Leasing Completes Acquisition of Avolon Holdings, Ltd

Bohai Leasing (“Bohai”) announces the completion of its acquisition of Avolon Holdings, the international aircraft leasing company.

Read Full PostRead - Eye Icon
Are Your Business and Personal Brands Prepared for AI? Expert Says Most Aren’t
Innovation
28/04/2023Are Your Business and Personal Brands Prepared for AI? Expert Says Most Aren’t

The online competition for attention and engagement has never been more intense. And the rapid rise of AI is exponentially increasing the tension, bringing things to a game-changing level. To stand out from the crowd and compete, leaders need to get their pers

Read Full PostRead - Eye Icon
Fraud Fears as FCA Investigates Over 150 Covid-19 Related Scams
Legal
09/09/2020Fraud Fears as FCA Investigates Over 150 Covid-19 Related Scams

The Financial Conduct Authority (FCA) is investigating more than 150 Coronavirus-related scams since the outbreak began, according to official figures.

Read Full PostRead - Eye Icon
Soft Launch Strategy for Your App: Why and How to Do It?
News
08/06/2022Soft Launch Strategy for Your App: Why and How to Do It?

Especially for first-time app developers, a soft launch can be immensely valuable. It enables you to trial your app without going all-out straight away, thereby allowing you to test the waters first.

Read Full PostRead - Eye Icon
Is Facebook Advertising the Right Choice for your Business?
News
29/11/2022Is Facebook Advertising the Right Choice for your Business?

No matter the industry in which your business operates, social media can act as an extremely powerful marketing tool, allowing you to expand your reach and connect with customers who may not have known about your brand otherwise.

Read Full PostRead - Eye Icon
Exciting IT Innovations to Watch in 2024
Innovation
11/03/2024Exciting IT Innovations to Watch in 2024

Digital innovation never ends, and the groundbreaking trends that defined 2023 will continue to shape the world around us. With technology evolving at a greater pace than ever before, 2024 already looks to be another exciting year for IT innovation.



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.

Arrow