Top
image credit: flickr

Vodafone clears final hurdle for $22B Liberty Global deal

July 18, 2019

Category:

The European Commission signed off on Vodafone’s $22 billion deal to buy Liberty Global’s cable networks in Germany and Central Europe.

With Germany, the Czech Republic (also called Czechia), Hungary and Romania in hand, Vodafone will become Europe’s biggest mobile, broadband and TV service provider. The European Commission’s approval on Thursday was expected after Vodafone eased regulatory concerns related to competition in Germany.

To garner regulatory approval for the deal, Vodafone signed an agreement earlier this year to let rival Telefónica Deutschland access its broadband network in Germany.

Read More on Fierce Telecom News