toggle

AAPL Stock: 109.27 ( -1.1 )

Printed from http://www.macnn.com

Vodafone considering T-Mobile UK buyout?

updated 08:15 am EDT, Mon June 29, 2009

Vodafone May Buy T-Mo UK

An apparent leak late Sunday suggests that Vodafone may be interested in buying T-Mobile's British division. Reported sources for FT have the former either buying the smaller UK carrier or else establishing a joint venture. The deal would be possible thanks to T-Mobile's widely rumored dire financial state, which may have left the company with little choice but to look for a partner.

While Vodafone is already near-tied with O2 in the British market with a full quarter of all customers, analysts believe UK regulators like Ofcom may be willing to allow such a deal to match conditions in France and Spain, where one carrier has a clear advantage over others but is still small enough to avoid monopoly status. Vodafone itself also recently merged operations with relatively small-scale carrier 3 in Australia and may be willing to negotiate similar deals elsewhere.

Neither of the involved companies has commented on the authenticity of the story.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

Blue Yeti Studio

Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

toggle

Most Commented