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United Internet becomes largest shareholder in Tele Columbus

2016-02-11 09:49:00| Telecompaper Headlines

(Telecompaper) United Internet announced it has agreed the acquisition of 15.31 percent of shares in cable operator Tele Columbus. If the acquisition is approved, United Internet would have a total indirect shareholding, together with further shares acquired in the course of 11 February, of 25.11 percent in Tele Columbus. This would make it Tele Columbu's largest shareholder. United Internet said it believes that Tele Columbus is a well-positioned company with attractive market opportunities.

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