Germany’s incumbent telecoms company Deutsche Telekom (DT) and regional operator NetCologne are reportedly seeking to challenge the Federal Cartel Office’s decision to approve the acquisition of cable network operator Kabel BW by US firm Liberty Global, Dow Jones Newswires writes, citing a report by local newspaper Boersen-Zeitung. According to the report, the German antitrust authority confirmed that the companies have filed a complaint at a higher regional court, adding that DT has said it will challenge the deal, saying the conditions accepted by the regulator are not sufficient to ensure a competitive market.*As reported by CommsUpdate, Liberty Global emerged as the highest bidder to acquire Kabel BW from Swedish investment firm EQT in March 2011, with an offer of EUR3.16 billion (USD4.1 billion).
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OVETEL Liberty’s Kabel BW deal challenged by DT, NetCologne
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