Unity Media eyes acquisitions
May 7, 2010
From Colin Mann in Cologne
Unity Media, Germany's second largest German cable TV operator is seeking new takeover targets to compete more effectively with dominant telco Deutsche Telecom. “We expect a consolidation in the market,” said, Gene Musselman, the new head of Unity Media, who is also a senior European manager for Unity Media parent company Liberty Global.
Primarily, the cable MSO is targeting the operators of the so-called level 4 cable companies. These provide cable networks to residential complexes with several thousand households, with TV programmes being supplied by operators such as Unity Media. “If the opportunity arises, we will buy these companies and take over their expiring contracts,” Musselman revealed. Currently, Unity Media serves 4.5 million customers in Germany.