German cable operator Kabel Deutschland has allegedly fought off competition from Deutsche Telekom (DT) and US firm Liberty Global Inc (LGI) for the purchase of regional cableco Tele Columbus, according to Financial Times Deutschland, as reported by news agency Reuters. Kabel Deutschland will likely have to make concessions to competition authorities in order to pave the way for regulatory approval of the deal, the report added, citing an industry source.
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OVETEL Kabel Deutschland set to acquire Tele Columbus?
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