Monday, 24. June 2013
Topic: TV - on June 24, 2013 at 2:14:00 PM CEST
Vodafone agrees $10 billion Kabel Deutschland deal
Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros ($10 billion), betting on TV and fixed-line services in its biggest deal since 2007.
Announcing its second major acquisition for a European fixed-line network in 12 months, Vodafone said it would pay 87 euros ($110) per share for the group to enable it to offer more competitive packages with TV, fixed-line and broadband services to its mobile customers.
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