Vodafone could acquire Virgin Media owner Liberty Global in £80bn deal

Vodafone could be set to increase the convergence of communications providers in the EU with a blockbuster takeover of Virgin Media owner Liberty Global in a deal worth a reported £80 billion. Following BT's pursuit of O2 and EE in the UK, Vodafone have been eyeing a major ISP in response and the acquisition of/merger with Liberty Global would represent a real challenge to BT's supposed dominance (once their deal completes). BT is already the UK's largest broadband provider and controls large...

Read More at:

http://bit.ly/1rRYSzQ