Feeds

Jawohl! Vodafone gets nod for £6.5bn Kabel Deutschland slurp

Shareholders approve creation of Vaterland-ruling quad giant

Internet Security Threat Report 2014

Vodafone now owns just over three quarters of Kabel Deutschland, following a shareholder meeting which approved the British operator's takeover of the German telco, creating a one-stop-shop for continental consumers.

The buyout, which cost Vodafone £6.5bn, was announced back in June but has been awaiting shareholder approval and regulatory permission.

As of October 14 Vodafone is the majority shareholder in Kabel and can start hawking its offerings to the 32 million Germans already using its mobile service.

Kabel Deutschland has infrastructure connected to 15.3 million homes but only five million of those have broadband from the company – a proportion that Vodafone wants to increase.

Vodafone is also under pressure from competitors who can bundle broadband, TV, mobile and fixed telephony into a single bill, something the acquisition of Kabel makes possible.

The deal wasn't expected to hit any problems – the German market is highly competitive, and the board of Kabel Deutschland had recommended acceptance of the offer – but completion is still a significant step for the world's second largest mobile operator. ®

Top 5 reasons to deploy VMware with Tegile

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.