Kabel Deutschland Holding AG, Germany’s largest cable operator, fell the most since February after Vodafone Group Plc struck a deal to gain access to fast Internet lines, reducing its need to purchase cable assets.
Tom Mockridge, who led Rupert Murdoch’s U.K. newspaper unit during phone-hacking allegations, was named the head of British cable operator Virgin Media Inc., placing him in competition with his former employer.
Telefonica SA’s German division plans to deepen its cooperation with Deutsche Telekom AG for fixed- line products as it seeks to reverse a drop in broadband customer numbers and offer bundles for wireless clients.
Tele Columbus Group, Germany’s third-biggest cable company, is reviving its search for a buyer to tap demand for cable assets in Europe’s largest economy, according to three people familiar with the matter.
John Malone’s Liberty Global Inc. is considering a takeover bid for Kabel Deutschland Holding AG, the cable provider that’s also a takeover target for Vodafone Group Plc, two people familiar with the matter said.