EnBW to acquire Plusnet from QSC for €229m.

EnBW, a publicly traded electric utilities company, agreed to acquire Plusnet, a telecommunications service provider in Cologne, Germany, from QSC for €229m. "With its nationwide footprint, attractive customer portfolio and strong sales and operations team, Plusnet GmbH ideally complements our existing activities. Similarly to NetCom BW, it pursues a highly promising integrated business model. We are confident that we can grow together and play an even stronger role in a market that is highly relevant for infrastructure and digitalisation – most of all also as partners to business, industry, local authorities and municipal utilities," Wolfgang Eckert, EnBW Head of Infrastructure.