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Vodafone prepping T-Mobile UK bid?

Stuart O'Brien
Vodafone prepping T-Mobile UK bid?

FT reports that a deal is in the offing, citing unnamed industry sources.

Vodafone is lining up a bid for rival network T-Mobile in an effort to become the UK's largest mobile operator.

The Financial Times says
any deal would give Vodafone a 40 per cent share of the market, leapfrogging the current market leader O2.

T-Mobile's UK operations, owned by Deutsche Telekom, are valued at €3-4 billion.

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Tags: t-mobile , financial times , vodaofne