Vodafone won an auction today to buy Telsim, the number 2 mobile telecoms operator in Turkey, giving the UK group a foothold in one of the few European telecommunications markets that still has scope for growth.
This is an important win for Vodafone. Their footprint across Europe is now by far the most complete. The only major gap they have across all key European markets is France where they merely have a minority stake in SFR. Vivendi Universal owns the majority and seems determined not to sell. Maybe one day Vodafone should be more bold and take over all of the restructured Vivendi, much as they did with Mannesman of Germany. Now there's an idea!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment