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Telekom, NetCologne To Challenge Kabel BW Takeover Approval -Report

FRANKFURT -(Dow Jones)- Deutsche Telekom (DTE.XE) and telecommunications services company NetCologne GmbH will challenge the German Federal Cartel Office's decision to approve Liberty Global Inc.'s (LBTYA) takeover of German cable-network operator Kabel Baden-Wuerttemberg, or Kabel BW, domestic newspaper Boersen Zeitung reports Tuesday, citing the regulator and Deutsche Telekom. The German antitrust authority confirmed that the companies have filed a complaint at a higher regional court, says the report. Deutsche Telekom confirmed that it has filed a complaint, saying the conditions accepted by the regulator aren't sufficient to ensure a competitive market, the report says. The concessions offered by Liberty Global to get the transaction approved grant housing associations the right to terminate longer-term contracts held with Unitymedia and Kabel BW. Deutsche Telekom and NetCologne recently entered a network sharing deal for fast Internet connections, through which Deutsche Telekom has agreed to use NetCologne's fiber-optic network, while NetCologne will use Deutsche Telekom's high-speed VDSL network in the Nordrhein-Westfalen region. Newspaper website: www.boersen-zeitung.de -Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500.

Stock News for Liberty Global (LBTYB)
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02/26/201517:15:00Liberty Global to Present at the Morgan Stanley Technology, Media...

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