Friday, March 04, 2016

Freenet takes over Media Broadcast

March 3, 2016 11.22 EUROPE/LONDON BY JÖRN KRIEGER

The German mobile communications company Freenet has acquired the German technical services provider Media Broadcast through its subsidiary mobilcom-debitel, paying €295 million for 100% of its shares.

Media Broadcast's satellite business unit is not included in the transaction. If approval by the anti-trust authorities is granted, the acquisition is expected to be completed in April 2016 at the latest.

French technical services provider TDF Group acquired Media Broadcast (then called T-Systems Media&Broadcast) from Deutsche Telekom for €850 million in 2007. 

Full story at :

No comments:

Post a Comment