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.
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