NEWS US media conglomerate, Liberty Media has finally agreed to take Deutsche Telekom's cable interests off its hands. The price was fixed at E5.5bn (£3.41bn) for six TV systems, giving Liberty a firm foothold in the European media sector and helping DT reduce its E69bn (£42.8bn) debt. Liberty will pay E3bn (£1.86bn) in cash and the rest in stock and secured notes for a group of cable networks serving 15 million homes
Liberty snaffles up £3.5bn DT cable interests
US firm takes European foothold, Deutsche Telekom takes all the help it can get...
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