Telekom to spin off cable

BERLIN — German telco Deutsche Telekom will spin off its cable TV activities next year and may sell stakes in the new subsidiary to private investors.

“A gradual regionalization of activities is conceivable. Another option is to sell off shares by taking on strategic investors,” Telekom said in a statement last week.

Telekom is responding to pressure from the European Commission, which takes a critical view of Telekom’s domination of the telephone and cable TV systems in Germany. Telekom is in the process of privatization and is preparing for the opening of the European telecommunications markets in 1998.

Of Germany’s 17 million cable households, around 6 million are serviced directly by Telekom. But Telekom controls the main cable TV network which delivers signals to smaller cable companies in Germany.

Together with media giants CLT-UFA and the Kirch Group, Telekom agreed to create a technical platform for digital cable TV last summer.

Digital pay TV webs Premiere and DF1 have been available to Telekom’s cable customers in some parts of Germany since the start of November, but the European Commission has yet to approve the digital TV joint venture.

More TV

  • Entertainment One Inks Production Pact with

    Entertainment One Inks Production Pact With Emily Mortimer’s King Bee

    BERLIN — German telco Deutsche Telekom will spin off its cable TV activities next year and may sell stakes in the new subsidiary to private investors. “A gradual regionalization of activities is conceivable. Another option is to sell off shares by taking on strategic investors,” Telekom said in a statement last week. Telekom is responding […]

  • European Parliament Rejects Key Proposed Digital

    European Parliament Rejects Key Proposed Digital Single Market Regulation

    BERLIN — German telco Deutsche Telekom will spin off its cable TV activities next year and may sell stakes in the new subsidiary to private investors. “A gradual regionalization of activities is conceivable. Another option is to sell off shares by taking on strategic investors,” Telekom said in a statement last week. Telekom is responding […]

  • ** Strictly embargoed until 00:01 on

    Jenna Coleman Returning for ‘Victoria’ Season 3

    BERLIN — German telco Deutsche Telekom will spin off its cable TV activities next year and may sell stakes in the new subsidiary to private investors. “A gradual regionalization of activities is conceivable. Another option is to sell off shares by taking on strategic investors,” Telekom said in a statement last week. Telekom is responding […]

  • Leyenda

    MICA: Mexico's Leyenda Brings to the Market TV Series 'La Amenaza Roja'

    BERLIN — German telco Deutsche Telekom will spin off its cable TV activities next year and may sell stakes in the new subsidiary to private investors. “A gradual regionalization of activities is conceivable. Another option is to sell off shares by taking on strategic investors,” Telekom said in a statement last week. Telekom is responding […]

  • NFL players suspension

    NFL Network Suspends On-Air Analysts Amid Sexual Harassment Probe

    BERLIN — German telco Deutsche Telekom will spin off its cable TV activities next year and may sell stakes in the new subsidiary to private investors. “A gradual regionalization of activities is conceivable. Another option is to sell off shares by taking on strategic investors,” Telekom said in a statement last week. Telekom is responding […]

  • Edgar Ramirez, Darren Criss, Ricky Martin.

    'The Assassination of Gianni Versace': 6 Things We Learned From FX's First Screening

    BERLIN — German telco Deutsche Telekom will spin off its cable TV activities next year and may sell stakes in the new subsidiary to private investors. “A gradual regionalization of activities is conceivable. Another option is to sell off shares by taking on strategic investors,” Telekom said in a statement last week. Telekom is responding […]

More From Our Brands

Access exclusive content