Vodafone is considering an offer to buy T-Mobile UK
By: t-marco June 29th, 2009
Vodafone Group Plc, the world’s largest mobile-phone company, is considering a bid for T-Mobile UK Ltd., the British wireless unit of Deutsche Telekom AG, a person familiar with the situation said.
Newbury, England-based Vodafone may make an offer or form a joint venture, said the person, who asked not to be identified because the discussions are private. The deal would create an entity with about 35 million subscribers, or 50 percent of the U.K. mobile market. The German company’s unit, T-Mobile UK, had sales of 4 billion euros ($5.6 billion) last year.
A spokesman for Vodafone declined to comment on whether the company is considering a bid for T-Mobile UK. T-Mobile spokeswoman Silke Armann also declined to comment.
Filed Under: Featured, T-Mobile News
pinoyhenyo on June 30th, 2009 10:25 am
thanks for sharing this. ill check this for another update
t-marco on June 30th, 2009 11:48 am
welcome
xboxundone on June 30th, 2009 11:59 am
will be interesting to see if this pulls thru or not.
Lee on June 30th, 2009 3:10 pm
I think that would be a solid move for T-Mobile so that they can focus more on their US operations.