Vodafone rises on speculation of T-Mobile deal

The HeraldJune 30, 2009

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Summary


SHARES in Vodafone Group rose by more than 1per cent yesterday on speculation that the mobile-phone giant is interested in buying T- Mobile UK, the UK unit of Deutsche Telekom.

Deutsche Telekom is believed to have appointed JP Morgan to advise it on its options.

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Extract


Vodafone rises on speculation of T-Mobile deal

T-Mobile is a comparatively small player in the fiercely competitive and low-margin UK market.

Valued betwee...

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