Monday, 22 October 2018

Liberty Global bows out of Kabel Deutschland race

By Nick Wood, Total Telecom
Wednesday 17 July 13

Chairman John Malone may tap southern Europe once economy shows signs of recovery.

Liberty Global chairman John Malone on Wednesday conceded defeat in the race to acquire Kabel Deutschland, leaving the path clear for Vodafone to take over the German cableco in a €7.7 billion deal. "Unfortunately the Vodafone guys have pre-empted us in trying to consolidate the rest of Germany," said Malone, in a report by Bloomberg. &quot…

Liberty Global chairman John Malone on Wednesday conceded defeat in the race to acquire Kabel Deutschland, leaving the path clear for Vodafone to take over the German cableco in a €7.7 billion deal. "Unfortunately the Vodafone guys have pre-empted us in trying to consolidate the rest of Germany," said Malone, in a report by Bloomberg. &quot…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry