Kabel Deutschland snaps up three more cable networks

5 Apr 2004

Kabel Deutschland has announced the acquisition of three regional level three cable networks for EUR2.7 billion. The integration of the three companies – ish in Cologne, Heidelberg-based Kabel Baden-Württemberg and iesy in Frankfurt – will see Kabel Deutschland’s customer base pass 17 million connected homes. Kabel Deutschland will purchase 100% of each operator in three separate agreements, subject to approval by the regional authorities. Following the deals Kabel Deutschland will possess level three cable networks in all of Germany’s 16 federal states.