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Vodafone considering T-Mobile UK buyout?

updated 08:15 am EDT, Mon June 29, 2009

Vodafone May Buy T-Mo UK

An apparent leak late Sunday suggests that Vodafone may be interested in buying T-Mobile's British division. Reported sources for FT have the former either buying the smaller UK carrier or else establishing a joint venture. The deal would be possible thanks to T-Mobile's widely rumored dire financial state, which may have left the company with little choice but to look for a partner.

While Vodafone is already near-tied with O2 in the British market with a full quarter of all customers, analysts believe UK regulators like Ofcom may be willing to allow such a deal to match conditions in France and Spain, where one carrier has a clear advantage over others but is still small enough to avoid monopoly status. Vodafone itself also recently merged operations with relatively small-scale carrier 3 in Australia and may be willing to negotiate similar deals elsewhere.

Neither of the involved companies has commented on the authenticity of the story.



By Electronista Staff
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