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Vodafone will give Telefonica Deutschland wholesale access to its high-speed broadband network to try to help secure approval for its acquisition of Liberty Global’s cable business in Germany and eastern Europe. Seeking to increase competition in the German market
Global rating agency Fitch said that a high price tag of $70 million per megahertz (Mhz) is a big deterrent for telecoms in India like Bharti Airtel and Vodafone Idea to bid for 5G spectrum auction.
Vodafone Group would seek to raise up to 2.8 billion euros ($3.32 billion) in proceeds by floating infrastructure unit Vantage Towers in Europe’s largest initial public offering (IPO) of 2021.
Vodafone said its future in India could be in doubt unless the government stopped hitting operators with higher taxes and charges, after a court judgement over licence fees resulted in a 1.9 billion euro group loss in its first half.
Vodafone, the world’s second biggest mobile operator, said on Friday it would list its towers business, named Vantage Towers, in Frankfurt in early 2021.
Emirates Telecommunications Group Company (now known as e&), has acquired a 9.8% stake in Vodafone for $4.4 billion, it said on Saturday.
