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Vodafone agrees EUR 18.4 bln takeover of Liberty Global assets in Germany, East Europe
2018-05-09 08:32:00| Telecompaper Headlines
(Telecompaper) Vodafone Group has agreed to buy Liberty Global's cable business in Germany, Hungary, Romania and Czech Republic for EUR 18.4 billion. The acquisition will help further its fixed-mobile strategy, allowing Vodafone to rival Deutsche Telekom for network coverage in Germany and start a converged strategy in the three eastern European countries, where it's already active in the mobile market.
Tags: germany
eur
global
east
Category:Telecommunications