Vodafone interested in buying T-Mobile

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Last month we told you that T-Mobile may well be on the verge of a sell out or merger since a spokesman from their parent company, Deutsche Telekom, expressed disappointment at their results in the UK market.

The FT is reporting this morning that it could be Vodafone who is in pole-position to mount a takeover.

If a buy-out was to go ahead it would make Vodafone the largest mobile phone operator in the UK. Currently O2 is the biggest, with a 27% share but if Vodafone’s 25% share was supplemented by T-Mobile’s 15% then they’d have a whopping 40% share.

This might be the proposed moves downfall though. Competition regulators may veto the takeover in the interests of market fairness.

Both Vodafone and T-Mobile have refused to comment so far although shares in both companies have risen in the market this morning.

(via The FT)

Sky looking to take over Tiscali broadband

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Not only is Sky spending heavily on advertising at present, hoping to improve upon its recent increase in subscribers, but it could be about to bid a cool £450m for the broadband provider Tiscali.

If Sky’s take-over of Tiscali, with around 1.2m broadband subscribers, is successful it would put its broadband business into third place, behind BT and Virgin Media…

Take-Two ordered to explain why it's not pulling its weight with FTC investigation into EA takeover bid

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Shenanigans are afoot at Take-Two Interactive Software, publishers of that surprise video game hit, Grand Theft Auto IV. Shenanigans that lead to a full blown brouhaha if it’s not careful. A federal court has now asked the company to attend a hearing to explain why it has refused to comply with the Federal Trade Commission’s investigation into the takeover bid by Electronic Arts.