The Saving Advice Forums - A classic personal finance community.

Vodafone 'mulls bid for T-Mobile'

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Vodafone 'mulls bid for T-Mobile'

    Mobile phone operator Vodafone has declined to comment on a report that it is considering buying T-Mobile UK.

    The Financial Times reported that the company was interested in acquiring T-Mobile's UK operations, even though a deal may be blocked by regulators.

    Any such move would make Vodafone the biggest mobile operator in the UK, with a 40% market share.

    Vodafone has a 25% share of the UK market, behind O2. T-Mobile, owned by Deutsche Telekom, has a 15% share.

    Deutsche Telekom has appointed JP Morgan to advise on "strategic options", the newspaper said. Deutsche Telekom said it did not comment on market rumours.

    Shares in Vodafone were up 0.6% by mid-afternoon.
Working...
X