Owners of telecoms giants set to team up and challenge major sector players
The owners of Virgin Media and O2 are in talks to create a new TV and mobile power player to challenge BT and Sky in the UK.
Billionaire John Malone’s Liberty Global, which owns Virgin Media and a 10% stake in ITV, is understood to be in talks with Spanish telecoms giant Telefonica to combine their UK assets in a joint venture.
Continue reading...from Mergers and acquisitions | The Guardian https://ift.tt/2YqiZK6
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