In response to BT’s proposed acquisition of the UK’s largest network EE, Vodafone looks set to make a bid for UK broadcaster Sky. With the telecoms market in the UK heading towards quad-play, Vodafone needs the services offered by and has the cash to make a bid for Sky, which is valued at around £15 billion. Continue reading “Vodafone could bid for UK broadcaster Sky”
Back in October there were reports that the UK telecom giant Vodafone was planning to increase its stake in the Indian unit by buying out its Indian partners. Now Economic Times reports that Vodafone Group will buy out its Indian partners by paying Analjit Singh Rs 1,241 crore and Piramal Enterprises Rs 8,900 crore for their stakes in Vodafone India. So the company would end up paying Rs 10,141 crore. Vodafone currently holds 64.38% stake in the Indian unit directly. Continue reading “Vodafone to reportedly buyout its Indian partners for Rs. 10,141 crore”
