Vodafone rumoured to be eyeing Orange takeover
Vodafone, the UK-based mobile-phone retailer, was rumoured yesterday, 1 July, to be a potential acquirer of its French rival Orange, The Independent reported. The market report said chatter suggests Vodafone might benefit from access to the Orange-Deutsche Telekom joint venture EE. Unattributed speculation Vodafone might be considering moving on Orange was also mentioned in a Daily Express market report.
Alternatively, Deutsche Telekom could merge with Orange, the reports said.
London-listed Vodafone has a market capitalisation of GBP 52.1bn (EUR 65.3bn).
Source Independent, Daily Express