Liberty won’t do German cable telephony
Liberty Media has declined to risk a large investment in cable-telephony service even if it means winning regulatory approval for its $4.9 billion purchase of Deutsche Telekom’s cable assets.
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The German cartel office reviewing Liberty’s purchase said it wanted Liberty to upgrade the cable network to handle multimedia and telephone applications to increase competition in the fixed-network segment that Deutsche Telekom dominates, but Liberty Chairman John Malone said the media conglomerate would not pursue telephony because it “has not practically been deployed anywhere on a large scale,” according to news services.
--Jim Barthold, senior editor
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© 2012 Penton Media Inc.
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