KPN exits the cable business

20 Jan 2003

Dutch telco KPN has announced the sale of its last remaining cable businesses for a total EUR65 million. The Czech unit, Vision Networks Tsjechie Holding, was acquired by Betbari Holdings, owner of TES Media, whilst Poland’s Vision Networks Polen Holding was sold to a consortium headed by 3TS Venture Partners. KPN has already offloaded its cable operations in the Netherlands, UK, France and Germany.