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Re: Is Malone Planning To Launch A Premium Pay TV Channel On Liberty's Cable Networks
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Originally Posted by Pierre
It's interesting and a different proposition from earlier rumours where a takeover of Liberty by Vodafone was mooted.
Here they are talking of spinning off the European operation from their global operations. The article says that this would value the Vodafone European operations at 30million, which is much, much less than Liberty. Liberty bought just VM for 23million.
This is basically Malone taking a punt out there and getting any potential deal on his terms.
It could happen, but it would depend if the Vodafone board have the stomach for it as it would essentially be Liberty buy out of Vodafone, not the other way around.
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Juat to correct myself.
It's the non-European operations that are valued at 30million. So it would be more of an equitable match up in Europe.
Anyway still a long way off.
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