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Vodafone Confirms Preliminary Approach To Kabel Regarding Possible Offer

Vodafone Group Plc (VOD.L, VOD) confirmed it has made a preliminary approach to Kabel Deutschland Holding AG (KBDHF.PK) regarding a possible offer for the company. The
announcement from Vodafone was in response to the recent speculation regarding a potential offer for Kabel.

Kabel Deutschland is Germany's largest cable operator. It offers customers digital, high definition and analog TV, Pay TV and DVR offerings, Video on Demand, broadband Internet and fixed-line Phone services via cable as well as mobile services in cooperation with an industry partner. The company operates cable networks in 13 German federal states and supplies its services to approximately 8.5 million connected households.

by RTTNews Staff Writer

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