Vodafone hires Goldman Sachs to advise on Kabel Deutschland deal

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 that...

Topics: Vodafone, Goldman Sachs, Kabel Deutschland, Germany