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UK: Vodafone’s next move weighed after Verizon sell-off

By  |  January 23, 2014

Following Vodafone’s recent decision to sell back its 45 percent stake in Verizon Wireless to its parent company for $130 billion, reports are now speculating what Vodafone’s next move will be.

Among the rumors is a possible acquisition bid for broadcasting giant British Sky Broadcasting.

Vodafone is rumored to be targeting the broadcasting industry as the telco market slows. The company recently acquired Germany’s cable operator Kabel Deutschland as part of that push into new markets.

Reports say Vodafone could either become the predator or the prey in upcoming M&A action as rumors rise that AT&T could pursue a Vodafone buyout to enter the European market.

Full Content: The Motley Fool

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