Vodafone boss confirms HanseNet bid

20 May 2009

The CEO of Vodafone Germany, Friedrich Joussen, has confirmed that his company has made a non-binding offer for Telecom Italia’s German broadband unit, HanseNet. Joussen did not disclose the terms of the bid, saying only: ‘We bid what we considered appropriate.’ According to TeleGeography’s GlobalComms database, UK-based Vodafone already owns German fixed line business Arcor, which is the country’s second largest broadband provider by subscribers behind the incumbent telco Deutsche Telekom, with 3.1 million broadband customers at 31 March 2009. Telefonica O2 Germany has already placed a bid for HanseNet, which is reportedly worth around EUR1.1 billion (USD1.42 billion), although bids are expected to be lower considering the current financial climate.

Germany, HanseNet Telekommunikation (Alice),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Browse

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share