Liberty Global

Ovum view: Investors to gain more than Vodafone from Verizon sale

On September 2, 2013, Vodafone and Verizon announced that they had reached an agreement for Vodafone to sell its 45 per cent stake in Verizon Wireless back to Verizon for $130bn. Ovum believes that the deal is good for both parties, but that the decision to return 65 per cent of the proceeds from the sale back to shareholders is short-sighted. It may make Vodafone CEO Vittorio Colao popular, but we don’t believe that he will have enough left to future proof the business.

Vodafone Verizon deal inches closer

Vodafone put a price on the sale of its 45 per cent share in Verizon Wireless to Verizon in another short statement on Sunday, sizing the deal at $130bn (£83.4bn) in cash and common Verizon stock. While the firm described the talks as “advanced”, and despite reports on Sunday and Monday that the deal is all but done, a formal announcement has yet to be made.

Vodafone launches MVNO with Sainsbury’s

Vodafone has launched an MVNO in partnership with UK retailer Sainsbury’s. The 50/50 joint venture, which will operate under the brand ‘Mobile by Sainsbury’s’ will launch later this summer, led my a management team of existing Vodafone and Sainsbury’s executives.

Liberty Global counters Vodafone’s Kabel Deutschland bid

German fixed broadband and TV operator Kabel Deutschland has confirmed that it has received an acquisition approach from international cable provider Liberty Global. The move follows an offer from Vodafone last week. No details on the size of either offer have been made public and the prospect of a bidding war now looms.

Liberty Global to acquire Virgin Media for $23.3bn

Negotiations between international cable operator Liberty Global and cable, fibre and ADSL network operator Virgin Media appear to have been successful, as the former has announced that it has entered into an agreement to acquire Virgin Media for approximately $23.3bn.

Liberty Global eyeing up Virgin Media

International cable operator and media company Liberty Global is in talks with Virgin Media to buy out the UK-based cable operator and mobile service provider in a deal that could shake up the UK market.

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