Kabel Deutschland is the largest
cable operators company in
Germany.
Company
Kabel Deutschland operates in 13 of the 16
states (i.e. all but
Baden-Württemberg,
North Rhine-Westphalia and
Hesse). In 2006, of the 15.4 million households passed by their cable the company served 9.6 million, however only one third of these are direct customers of Kabel Deutschland, since especially in large apartment complexes the in-house cable networks are owned by cable service companies or housing associations. According to
IFRS rules, in fiscal 2005 / 2006 revenues amounted to €1.012 billion, the
EBITDA amounted to €401.3 million.
Kabel Deutschland was founded in January 1999 by the former German telecom monopolist
Deutsche Telekom in order to spin off its entire cable TV business as required by regulatory terms. The cable network was established from the mid-1980s on by the German federal post office, and successor of Deutsche Telekom,
Deutsche Bundespost. Kabel Deutschland was split into nine regional companies, of which three are sold to other investors until 2002. The remaining six are sold in 2003 to the US investment firms
Providence Equity Partners,
Apax Partners and
Goldman Sachs Capital Partners. From February 2006 to September 2010, Kabel Deutschland was majority-owned by
Providence Equity Partners.
Products
With a basic plan Kabel Deutschland offers about 30
free-to-air analogue TV and an equal number of...
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