The German bank bought by energy companies RWE and Veba, the cable television subsidiary, Tele Columbus. For around 1.45 billion dollars, the bank increases with how long already planned, a massively into the cable television business. The power supplies around 1.7 million households, especially in the Ruhr area, with TV programs. The Bank will become the second largest operator of cable networks in Germany after Deutsche Telekom (Frankfurt Stock Exchange: DTE).
Tele Columbus posted 1998 sales of around 330 million marks. The 470 employees will be retained by the German bank-holding company DB Investor.
According to one report the daily “Die Welt” had in addition to Deutsche Bank, the cable company Eschborner Primacom, the British cable company NTL, the U.S. cable operator UPC and Mobilcom applied for the award.
The German bank had it before potential buyers for the cable network of Deutsche Telekom, with its offer was rebuffed, but first.
In April, Veba and RWE had already separated from their fixed-line telephone subsidiaries Otelo.
Contact: Veba, Tel: 0211/45791
The German bank bought by energy companies RWE and Veba, the cable television subsidiary, Tele Columbus. For around 1.45 billion dollars, the bank increases with how long already planned, a massively into the cable television business. The power supplies around 1.7 million households, especially in the Ruhr area, with TV programs. The Bank will become [...]
The German bank bought by energy companies RWE and Veba, the cable television subsidiary, Tele Columbus. For around 1.45 billion dollars, the bank increases with how long already planned, a massively into the cable television business. The power supplies around 1.7 million households, especially in the Ruhr area, with TV programs. The Bank will become [...]
The German bank bought by energy companies RWE and Veba, the cable television subsidiary, Tele Columbus. For around 1.45 billion dollars, the bank increases with how long already planned, a massively into the cable television business. The power supplies around 1.7 million households, especially in the Ruhr area, with TV programs. The Bank will become [...]
The German bank bought by energy companies RWE and Veba, the cable television subsidiary, Tele Columbus. For around 1.45 billion dollars, the bank increases with how long already planned, a massively into the cable television business. The power supplies around 1.7 million households, especially in the Ruhr area, with TV programs. The Bank will become [...]
The German bank bought by energy companies RWE and Veba, the cable television subsidiary, Tele Columbus. For around 1.45 billion dollars, the bank increases with how long already planned, a massively into the cable television business. The power supplies around 1.7 million households, especially in the Ruhr area, with TV programs. The Bank will become [...]
The German bank bought by energy companies RWE and Veba, the cable television subsidiary, Tele Columbus. For around 1.45 billion dollars, the bank increases with how long already planned, a massively into the cable television business. The power supplies around 1.7 million households, especially in the Ruhr area, with TV programs. The Bank will become [...]
The German bank bought by energy companies RWE and Veba, the cable television subsidiary, Tele Columbus. For around 1.45 billion dollars, the bank increases with how long already planned, a massively into the cable television business. The power supplies around 1.7 million households, especially in the Ruhr area, with TV programs. The Bank will become [...]
