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Tag: tele columbus
Tele Columbus to acquire Pepcom for 608m
2015-09-14 02:00:00| Total Telecom industry news
German cableco's latest acquisition grows subscriber base to 3.7 million; adds 1,600 business customers.
Tags: columbus
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tele columbus
Tele Columbus selects Espial for next generation IP video platform
2015-09-08 15:30:33| Digital TV News
Espial has announced that Tele Columbus has licensed Espial's G4 STB Client and MSP solutions, as well as selected Espial to integrate their next generation IP video platform, with a first launch expected towards the end of this year.
Tags: video
generation
platform
columbus
Tele Columbus to acquire PrimaCom for EUR 711 million
2015-07-16 11:00:00| Telecompaper Headlines
(Telecompaper) Tele Columbus Group announced an agreement to acquire PrimaCom for EUR 711 million. The deal brings together two of Germany's leading mid-tier cable operators. Tele Columbus said the combined company offers growth potential and enables scale efficiencies across the customer and network base. The merger should also support an acceleration in network and product development. The acquisition of PrimaCom will be financed through a combination of existing cash, a fully underwritten financing with senior and junior tranches and a EUR 125 million equity bridge loan. The transaction does not need regulatory approval and is expected to close at the end of July. Together the two operators have around 2.8 million homes connected. Based on 2014 figures, there combined annual revenues are EUR 345 million, and EBITDA reached EUR 154 million.
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Tele Columbus to buy PrimaCom for 711 million
2015-07-16 02:00:00| Total Telecom industry news
Deal due to close this month, bringing more consolidation to German cable market.
Tags: buy
million
columbus
tele
Tele Columbus sets IPO price range
2015-01-13 12:09:00| Telecompaper Headlines
(Telecompaper) German cable operator Tele Columbus has set a price range of EUR 8-12 per share for its initial public offering of shares. The company is offering 37.5 million new shares and existing shareholders are selling 15.3 million shares. In addition, an over-allotment of 3.75 million more shares is available if demand warrants. If this is exercised, the company could raise a total EUR 452.2 million at the bottom of the price range and EUR 678.3 million at the top of the range. The offer period runs 13-21 January, and the shares are expected to start trading in Frankfurt 23 January. Tele Columbus said it will use the proceeds to reduce debt and support its growth strategy.
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