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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: mike.com who started this subject	6/23/2001 3:51:31 PM
From: art slott	Read Replies (1) of 13157

Liberty Media to buy Tele-Columbus - report FRANKFURT, June 23 (Reuters) - Liberty Media Group plans to boost its German presence as it is in talks to buy a stake in the country's second largest cable firm Tele-Columbus together with German rival Kabel NRW, according to Focus magazine. Focus said on Saturday in an article issued ahead of publication that U.S.-based Liberty Media (NYSE:LMGa - news) also plans to acquire German peer iesy-Netz. Tele-Columbus is owned by German bank Deutsche Bank . The bank declined to comment on the report. German newspaper Welt am Sonntag said in a pre-released article Deutsche Bank would announce the sale of Tele-Columbus shortly. It said US-based Callahan and British communications and cable group NTL (NYSE:NLI - news) were also interested in the German cable television company. Earlier this week, Liberty Media said it plans to buy six German cable television operations from Deutsche Telekom . Industry sources estimated the deal to be worth $4.69 billion. Email this story - Most-emailed articles - Most-viewed articles

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