Deutsche Telekom said it had been notified by Germany’s Federal C...
Deutsche Telekom said it had been notified by Germany’s Federal Cartel Office that it had made final decision against approving announced sale of Deutsche Telekom’s cable TV businesses to Liberty Media. Cartel Office had issued warning in its preliminary…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
assessment Jan. 31. Deutsche Telekom said it was “open to new negotiations with interested parties” and would continue its quest to reduce company’s debt. Liberty Media had been notified of Cartel Office’s objections but chose not to make concessions (CD Feb 19 p7). Liberty said it wouldn’t appeal decision. In addition to 6 Deutsche Telekom systems, Liberty Media said it would give up its bid to acquire 4 cable systems from TeleColumbus GmbH. That acquisition was conditioned on completion of Deutsche Telekom deal.