Vodafone to be sold?
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We’ve seen that Vodafone announced its U-turn strategy and will go into fixed-line phone market. Some analysts said it was quite in a dilemma… Guess what? Vodafone could be acquired by a consortium formed by Spanish telco Telefonica, American cableco Verizon and private equity firm Blackstone.
The Daily Mail brought out the scoop. Bids for a possible takeover would start at 160 pennies (€0.22) a share. Vodafone value would jump at a gorgeous £96 billion (€138 billion). JP Morgan Cazenove is thought to be conducting the plan.
Telefonica is said to swallow the Vodafone’s remaining European activities, including Italy and Germany. Of course, the rumor on Ono, that we announced as a possible candidate to become the mobile virtual network operator in Spain, is somewhat out of the league. Stay tuned, big announcements should come out quickly. Vodafone’s been keeping its mouth shut so far.
Apr 10, 2006 | By Nuno
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