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                    [Title] => Callahan acquires 54% of Alcatel unit
                    [Summary] => DENVER – Continuing its European buying binge, Callahan Associates said last week it is acquiring a controlling interest in a cable operator with 1.6 million subscribers in Belgium.


The $1.6-billion deal to buy 54.2 percent of Telenet, a division of French telecommunications giant Alcatel, would bring Callahan’s total number of European cable subscribers to 6.6 million.


"This is a very healthy addition to our overall holdings," said Andrew Sukawaty, Callahan’s London-based president and chief operating officer.


                    [DatePublished] => 2001-07-16 00:00:00
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SUKAWATY

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                    [ArticleID] => 93941
                    [Title] => Callahan acquires 54% of Alcatel unit
                    [Summary] => DENVER – Continuing its European buying binge, Callahan Associates said last week it is acquiring a controlling interest in a cable operator with 1.6 million subscribers in Belgium.


The $1.6-billion deal to buy 54.2 percent of Telenet, a division of French telecommunications giant Alcatel, would bring Callahan’s total number of European cable subscribers to 6.6 million.


"This is a very healthy addition to our overall holdings," said Andrew Sukawaty, Callahan’s London-based president and chief operating officer.


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                    [ColumnID] => 133272
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abtest

Callahan acquires 54% of Alcatel unit

July 16, 2001 - 12:00am

DENVER – Continuing its European buying binge, Callahan Associates said last week it is acquiring a controlling interest in a cable operator with 1.6 million subscribers in Belgium. The $1.6-billion deal to...

Business