Kitz Forum

Announcements => News Articles => Topic started by: Bowdon on February 03, 2018, 10:39:50 AM

Title: Vodafone Confirm Talks Over Possible Liberty Global EU Asset Swap
Post by: Bowdon on February 03, 2018, 10:39:50 AM
https://www.ispreview.co.uk/index.php/2018/02/vodafone-confirm-talks-possible-liberty-global-eu-asset-swap.html (https://www.ispreview.co.uk/index.php/2018/02/vodafone-confirm-talks-possible-liberty-global-eu-asset-swap.html)

Quote
The prospect of mobile giant Vodafone gaining access to Virgin Media’s growing HFC cable and fibre optic (FTTP) broadband network in the UK has once again been raised. Voda has confirmed that it is in “early stage discussions” with Liberty Global regarding a “potential acquisition.”

In a statement Vodafone said that its discussions were focused upon the acquisition of “certain overlapping continental European assets owned by Liberty Global” and that they are “not in discussion with Liberty Global regarding a combination of both companies.” Liberty Global is the parent company of Virgin Media.

An interesting move. I wonder when Vodafone will make a big push in the UK. I'm sure it would shake up the current broadband situation here. It's also good that these big companies are willing to invest in UK post-Brexit.