Feeds

Vodafone puts in multi-billion euro bid for German cable giant

Achtung! Jetzt kommt ein Vodamaschine...

3 Big data security analytics techniques

Vodafone is in talks to acquire Kabel Deutschland, Germany's biggest cable TV operator, as it seeks to expand beyond mobile telephony.

The approach was confirmed by the company this morning, following overnight speculation prompted by Bloomberg.

The deal is at a very early stage, but Vodafone has confirmed preliminary talks are in progress. These could result in an offer being made, though the €7bn figure is a guess based on the market value of Kabel Deutshland.

Vodafone was rumoured to be interested in Kabel Deutschland back in February, when talk of a €10bn offer abounded. Since then Voda has signed a deal with Deutsche Telekom to sell video content over fixed lines, but buying Kabel Deutschland would be a significant change of direction.

Germany is a very competitive market, and the bid is both offensive and defensive: it would prevent Kabel Deutschland launching into mobile, while giving Vodafone a pipe over which it could sell fixed and TV services to its mobile customers.

It would also prevent a bid from Liberty Global, who recently entered the UK cable market with its purchase of Virgin Media.

Liberty already has operations in Germany and could yet take an interest in Kabel Deutschland, especially now that Vodafone is sniffing around again. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.