Vodafone plans invasion of German cable

Stefan Mileschin · 13th June 2013, 11:46

Sources within the blighty mobile phone maker Vodafone have leaked to Bloomberg that the outfit is planning to write a $13.27 billion cheque to buy Kabel Deutschland.

The move is part of British plans to find Lebensraum in Europe's biggest economy.

Wall Street analysts said that they knew that Vodafone was in talks with Kabel Deutschland but expected that it would meet its Dunkirk after Vodafone struck a deal last month with Deutsche Telekom allowing it to offer pay-TV over high-speed broadband to its German customers.

It would appear that the deal has not gone away and that Vodafone is keen to blitzkrieg the German communications market.

A Vodafone spokesperson declined to comment and Kabel Deutschland would not get out of bed to comment on such rumours and speculation.

However it appears that the Germans are holed up in a bunker waiting for a better offer from the British. Takeover talks have not formally begun because Kabel Deutschland believes the price Vodafone suggested was too low, Bloomberg said.

http://news.techeye.net/business/vod...f-german-cable

13th June 2013, 11:46	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,769	Vodafone plans invasion of German cable Sources within the blighty mobile phone maker Vodafone have leaked to Bloomberg that the outfit is planning to write a $13.27 billion cheque to buy Kabel Deutschland. The move is part of British plans to find Lebensraum in Europe's biggest economy. Wall Street analysts said that they knew that Vodafone was in talks with Kabel Deutschland but expected that it would meet its Dunkirk after Vodafone struck a deal last month with Deutsche Telekom allowing it to offer pay-TV over high-speed broadband to its German customers. It would appear that the deal has not gone away and that Vodafone is keen to blitzkrieg the German communications market. A Vodafone spokesperson declined to comment and Kabel Deutschland would not get out of bed to comment on such rumours and speculation. However it appears that the Germans are holed up in a bunker waiting for a better offer from the British. Takeover talks have not formally begun because Kabel Deutschland believes the price Vodafone suggested was too low, Bloomberg said. http://news.techeye.net/business/vod...f-german-cable

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Iron Sky: Invasion coming to PC, PS3, Xbox 360, on November 30th	Stefan Mileschin	WebNews	0	6th September 2012 07:42
Netgear melds 802.11ac WiFi with cable modem, gives us a cable gateway we'd actually	Stefan Mileschin	WebNews	0	14th June 2012 07:55
Vodafone looking to buy Cable & Wireless, just can't resist that fibre-optic infrastr	Stefan Mileschin	WebNews	0	24th April 2012 06:24
The Android invasion's accelerating around the world	jmke	WebNews	0	12th August 2010 15:54
iX2 Invasion Case Review	jmke	WebNews	0	30th July 2008 15:59
Invasion iX 2 PC Case	jmke	WebNews	0	24th June 2008 14:36
German secret service opposes AMD Asia transfer plans	Sidney	WebNews	1	9th July 2005 18:00
Cable Safe Cable Manager & Expansion Pack	jmke	WebNews	0	11th February 2005 09:16
Cable-Safe Cable Manager	Sidney	WebNews	0	8th October 2004 23:40