Australia: Vodafone laments stalled merger

Australia: Vodafone laments stalled merger

Vodafone Hutchison Australia (VHA) has posted a half-year loss of more than AU$150 million (US$103.1 million), in its first financial results since the competition watchdog made its decision to block the proposed AU$15 billion (US$10.5 billion) merger TPG Telecom. But the company insisted performance had remained “stable in the face of significant headwinds,” and stated […]

Italy: Telecom Italia, Vodafone agree mobile tower merger

Italy: Telecom Italia, Vodafone agree mobile tower merger

Telecom Italia and rival Vodafone Italy inked an agreement to merge their respective mobile tower infrastructure, enabling a joint rollout of 5G across the country. The move ties in with a trend across the industry at the moment, as operators look at ways to share the heavy investment required to develop next-generation networks. In a […]

EU: Vodafone cleared for €19B Liberty Global deal

EU: Vodafone cleared for €19B Liberty Global deal

The Financial Times reported that the European Commission has approved, under the EU Merger Regulation, the proposed acquisition by Vodafone of Liberty Global’s cable business in Czechia, Germany, Hungary, and Romania. The approval is conditional on full compliance with a commitments package offered by Vodafone. The European Commission cleared the takeover of Liberty’s German and […]

EU: Regulator to clear Vodafone’s Liberty Global deal – sources

EU: Regulator to clear Vodafone’s Liberty Global deal – sources

EU antitrust regulators are set to approve Vodafone’s $22 billion bid for Liberty Global’s cable networks in Germany and central Europe based on concessions offered in May, people familiar with the matter said on Wednesday. Vodafone, the world’s No. 2 mobile operator, has offered to strengthen rival Telefonica Deutschland by giving it access to its […]

Australia: Vodafone network “will suffer without TPG merger”

Australia: Vodafone network “will suffer without TPG merger”

According to the Australian Financial Review, Vodafone Hutchison Australia stated its 5G network will be smaller, slower, and worse than those of its competitors Telstra and Optus unless it is allowed to merge with TPG, in a document filed with the Federal Court. The statement of claim was the first shot fired in the company’s […]

EU: Regulators extend Vodafone, Liberty Global probe

EU: Regulators extend Vodafone, Liberty Global probe

EU antitrust regulators have extended by two weeks—to July 23—their investigation into Vodafone’s US$22 billion bid for Liberty Global’s cable networks in Germany and central Europe, according to a filing on the European Commission website. The EU competition enforcer decline to comment on the reason for the extension. Vodafone, the world’s second-largest mobile operator, stated […]

New Zealand: Vodafone sells NZ business to Brookfield

New Zealand: Vodafone sells NZ business to Brookfield

Vodafone Group Plc on Monday agreed to sell its New Zealand business for NZ$3.4 billion ($2.23 billion) to a consortium comprising of New Zealand-based Infratil Ltd and Canada’s Brookfield Asset Management, reported the Financial Times. Vodafone has been trying to shrink its businesses in Australia and New Zealand to focus on European markets, and is […]

Germany: Vodafone pushes for Liberty deal

Germany: Vodafone pushes for Liberty deal

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 […]

EU: EC to warn Vodafone, Liberty Global about anti-competitive effects of their deal

EU: EC to warn Vodafone, Liberty Global about anti-competitive effects of their deal

EU antitrust regulators are set to warn Vodafone and Liberty Global about the possible anti-competitive effects of their US$22 billion deal, two people familiar with the matter said on Wednesday, March 20. The warning, via a statement of objections setting out the European Commission’s concerns, is expected to be conveyed to the companies shortly, the […]

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