You will be redirected back to your article in seconds

Deutsche Telekom extends bid period

Cable networks available until Aug. 20

BERLIN — German telecommunications giant and main cable provider Deutsche Telekom has extended its deadline for offers to buy its lucrative cable networks from Friday to Aug. 20.

Telekom officials said they wanted to push back the deadline for potential buyers who are interested but need more time to make an offer. The previous date had been criticized by some as being too short.

In June, the group offered to partially sell its regional cable networks to investors who would further develop the network’s broadband capabilities.

Telekom will nonetheless keep a 25% stake in the network.

Big-name giants like Bertelsmann, Mannesmann, Deutsche Bank and Microsoft are among the parties that have expressed interest.

More Digital

  • Chelsea Handler Netflix trailer

    'Chelsea' Proves Netflix Can't Always Beat TV at Its Own Game (Opinion)

    BERLIN — German telecommunications giant and main cable provider Deutsche Telekom has extended its deadline for offers to buy its lucrative cable networks from Friday to Aug. 20. Telekom officials said they wanted to push back the deadline for potential buyers who are interested but need more time to make an offer. The previous date […]

  • Twitter outage

    Twitter to Ban Groups Promoting Violence, Hate Symbols

    BERLIN — German telecommunications giant and main cable provider Deutsche Telekom has extended its deadline for offers to buy its lucrative cable networks from Friday to Aug. 20. Telekom officials said they wanted to push back the deadline for potential buyers who are interested but need more time to make an offer. The previous date […]

  • Echo Fox - Yankees - esports

    New York Yankees Invest in eSports Holding Firm Backed by Ex-NBA Star Rick Fox

    BERLIN — German telecommunications giant and main cable provider Deutsche Telekom has extended its deadline for offers to buy its lucrative cable networks from Friday to Aug. 20. Telekom officials said they wanted to push back the deadline for potential buyers who are interested but need more time to make an offer. The previous date […]

  • Thomas and Friends- Big World! Big

    International Newswire: Mipcom Sees First Signs of Peak TV Animation

    BERLIN — German telecommunications giant and main cable provider Deutsche Telekom has extended its deadline for offers to buy its lucrative cable networks from Friday to Aug. 20. Telekom officials said they wanted to push back the deadline for potential buyers who are interested but need more time to make an offer. The previous date […]

  • The Walking Dead 360 Experience: Negan

    'Walking Dead' Claws Deeper Into VR in AMC's New Virtual-Reality App

    BERLIN — German telecommunications giant and main cable provider Deutsche Telekom has extended its deadline for offers to buy its lucrative cable networks from Friday to Aug. 20. Telekom officials said they wanted to push back the deadline for potential buyers who are interested but need more time to make an offer. The previous date […]

  • David White SAG-AFTRA

    SAG-AFTRA, Ad Industry Agree on Waiver for Low-Budget Digital Commercials

    BERLIN — German telecommunications giant and main cable provider Deutsche Telekom has extended its deadline for offers to buy its lucrative cable networks from Friday to Aug. 20. Telekom officials said they wanted to push back the deadline for potential buyers who are interested but need more time to make an offer. The previous date […]

  • Apple iphone SE Announcement Apple Watch

    Apple Watch Loses Cellular Connectivity in China, Spooking Investors

    BERLIN — German telecommunications giant and main cable provider Deutsche Telekom has extended its deadline for offers to buy its lucrative cable networks from Friday to Aug. 20. Telekom officials said they wanted to push back the deadline for potential buyers who are interested but need more time to make an offer. The previous date […]

More From Our Brands

Access exclusive content