Vodafone reported to be on verge of Liberty, blinkbox acquisitions
| 01 December 2014
With its rivals either acquiring content firms or being bought out by fixed line providers, mobile operator Vodafone is reported to be poised to make a huge TV play with the acquisition of Liberty Global and blinkbox.
vodafoneAccording to Reuters news agency, the operator is mulling a number of purchases, chief among them the cable operator, in order to compete more effectively with the likes of BT which confirmed that it is in discussions to buy the O2 mobile network.
Reuters reported that a 'person familiar with the situation' said Vodafone had approached Liberty Global earlier this year but found a gulf on price expectations. If successful, Vodafone would own the Virgin Media cable assets in the UK and a huge cable estate in Germany to go with the Kabel Deutschland and ONO assets it has already bought.
And it is not just networks that Vodafone is said to be planning to buy. The Financial Times added that the mobile company was in talks with Tesco to buy its loss-making blinkbox online video business, a buy that would add to the other content it offers including most notably Sky Sports and Netflix.