By Archibald Preuschat
Liberty Global PLC doesn't want to become Germany's fourth
mobile network operator if Telefonica SA buys Royal KPN NV's
operations in the country, said the chief of Liberty's German unit
Tuesday.
Telefonica's German subsidiary wants to buy KPN's business in
the country for 8.55 billion euros ($11.72 billion) which would
reduce the number of national cellular carriers to three from four.
This has raised concerns among regulators that reduced competition
could lead to price increases.
Telefonica Deutschland AG may sell spectrum licenses so another
company can enter the market. The chief executive of Liberty's
German subsidiary, Unitymedia, one of the largest cable network
operators in the country, however, said he's not interested in
building a cellular network.
It "wouldn't pay off," Unitymedia CEO Lutz Schueler said.
--Friedrich Geiger contributed to this article.
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