Chief executive of US media group, Liberty Media, John Malone, has said in an interview with Die Welt that the company will start operating cable television services in Germany in about one year’s time.
The announcement follows Liberty Media’s recent acquisition of six cable franchises from Deutsche Telekom for around €5.5 billion. Further investment costs are expected to reach approximately €11 billion. Malone is now looking for partners and investors for the planned services.
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