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Vodafone gets 75% of Kabel Deutschland shares

2013-09-13 08:47:00| Telecompaper Headlines

(Telecompaper) Vodafone said it has met the minimum 75 percent of shares tendered in its bid for Kabel Deutschland. While the German operator's shareholders had been slow to accept the offer, the company met the required 75 percent by the expiry of the public bid on 11 September. The exact amount of shares tendered will be announced on 16 September. Any remaining shareholders wishing to sell their stock can do so 17-30 September at the same conditions as the earlier bid. The acquisition still requires approval from the European Commission, which is expected to complete its initial review by 20 September. Vodafone first announced the agree takeover in June, for EUR 7.7 billion.

Tags: deutschland shares kabel vodafone

 

Vodafone hits minimum threshold of tendered Kabel shares

2013-09-13 02:00:00| Total Telecom industry news

Remaining shareholders yet to accept offer given until 30 September to tender their shares.

Tags: minimum hits shares threshold

 
 

Vodafone Kabel Deutschland deal may falter

2013-09-09 02:00:00| Total Telecom industry news

Stakeholders reportedly concerned that not enough shares will be tendered by Wednesday's deadline.

Tags: deutschland deal kabel vodafone

 

Vodafone files for EU approval of Kabel Deutschland buy

2013-08-16 02:00:00| Total Telecom industry news

Regulator's antitrust investigation to last several weeks.

Tags: buy files deutschland approval

 

Kabel Deutschland adds 71,000 web, phone customers in Q1

2013-08-14 11:06:00| Telecompaper Headlines

(Telecompaper) German cable network operator Kabel Deutschland added 71,000 net new internet and phone customers in the first quarter to 30 June to reach over 2 million internet and phone subscribers. It added 314,000 internet and phone subscribers in the 12 months to end-June. Total blended Internet & Phone ARPU remained stable at EUR 27.85. Premium TV RGUs grew by 24,000, adversely impacted by the churn of 32,000 Kabel BW pay-TV wholesale customers, and a generally softer demand in the first quarter. Total Premium TV RGUs reached 2.09 million at end-June, up by 312,000 over the 12 months. Blended TV ARPU per subscriber was EUR 10.66 in Q1, up by 4.5 percent from EUR 10.20 a year earlier.

Tags: web phone deutschland customers

 

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