A PYMNTS Company

Germany: Vodafone pushes for Liberty deal

 |  May 7, 2019

According to Vodafone stepped up its battle to gain regulatory approval for its Liberty Global deal on Tuesday by offering rival Telefonica Deutschland access to its high-speed broadband network.

The world’s No.2 mobile operator agreed a year ago to pay $22 billion for Liberty’s cable networks in Germany and central Europe, seeking increased fixed-line heft to better compete with German market leader Deutsche Telekom.

Seeking to increase competition in the German market and defuse criticism of the deal, Vodafone on Tuesday said that Telefonica Deutschland would be able to offer super-fast services over Vodafone and Liberty’s Unity media cable networks in Germany if the deal is approved.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.