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20 February 2013
Vodafone has reportedly taken the next step in a potential €10 billion bid for Germany’s largest cable operator, Kabel Deutschland, by hiring Goldman Sachs as an advisor.
An acquisition of the cableco would transform the German
telecoms market, where Vodafone already holds significant
wireless market share but lags behind Deutsche Telekom in the
fixed broadband sector.
A person with direct knowledge of the matter told Reuters