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Vodafone and Liberty Global to merge in Netherlands

2016-02-16 13:19:13| Telecom - Topix.net

Mobile network operator Vodafone and cable and broadband provider Liberty Global are to merge their Dutch operations to create a 50-50 joint venture in the Netherlands. The venture will bring together Liberty's Dutch operation Ziggo - a provider of fibre-based broadband , TV and landline services - with Vodafone's mobile network to create a quad-play operator with combined annual revenues of around a 4.4bn , based on results to the end of 2015.

Tags: global netherlands liberty vodafone

 

India sends fresh tax notice to Vodafone

2016-02-16 13:19:09| BBC News | Business | UK Edition

India's tax department sends a renewed tax notice of $2.1bn (1.4bn) to telecom giant Vodafone.

Tags: notice tax india fresh

 
 

Vodafone, Liberty Global agree merger of Dutch activities

2016-02-16 08:11:00| Telecompaper Headlines

(Telecompaper) Vodafone and Liberty Global have reached an agreement on a 50-50 joint venture in the Netherlands. Vodafone will pay Liberty Global EUR 1 billion cash as part of the deal and contribute its Dutch mobile operator on a debt- and cash-free basis to the venture, alongside Liberty's cable operator Ziggo. Pending regulatory approval, the companies expect to close the deal by the end of 2016. The merger is expected to lead to synergies of EUR 3.5 billion, including EUR 280 million in annual cost savings from the fifth year of the merger. The joint venture will target a leverage of 4.5-5.0 times EBITDA, based on Ziggo's current EUR 7.3 billion in debt. The merger will create a completely integrated fixed and mobile player, competing alongside Dutch incumbent KPN. 

Tags: global activities agree dutch

 

Netherlands merger with Liberty Global costs Vodafone 1bn

2016-02-16 01:00:00| Total Telecom industry news

50:50 joint venture deal to close at end-2016, will use both Vodafone and Ziggo brands.

Tags: global costs netherlands liberty

 

Vodafone Portugal launches 'Tv Net Voz' OTT STB

2016-02-11 17:10:02| Digital TV News

Vodafone Portugal has launched a set-top box to go with its 'Tv Net Voz' OTT television service. The 'Tv Box' can be used anywhere there is a WiFi connection.

Tags: net portugal vodafone launches

 

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