Tags: Britain | Vodafone | German | Cable

Vodafone Makes Approach for German Cable Company

Wednesday, 12 Jun 2013 10:24 AM

Mobile phone company Vodafone has approached Germany's biggest cable operator about a possible takeover.

Vodafone said Wednesday It has had preliminary discussions with Kabel Deutschland, which has more than 8 million customers. However, it said there was "no certainty" that an offer will be made.

The move would signal a move into fixed-line TV and telephone services for the UK-based company.

Kabel Deutschland shares were up 9.9 percent at 82.11 euros in afternoon Frankfurt trading. Vodafone shares in London were down 1.6 percent at 182 pence.

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Mobile phone company Vodafone has approached Germany's biggest cable operator about a possible takeover.
Britain,Vodafone,German,Cable
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2013-24-12
Wednesday, 12 Jun 2013 10:24 AM
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