Vodafone agrees Telefonica Deutschland access deal to ease Liberty concerns

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Vodafone agrees Telefonica Deutschland access deal to ease Liberty concerns
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Vodafone will give Telefonica Deutschland wholesale access to its high-speed bro...

LONDON - Vodafone will give Telefonica Deutschland wholesale access to its high-speed broadband network to try to help secure approval for its acquisition of Liberty Global’s cable business in Germany and eastern Europe.

Telefónica Deutschland Chief Executive Markus Haas said the agreement would enable it to connect millions of additional households in Germany with high-speed internet. Vodafone’s German rivals criticized the deal, saying it would effectively recreate a business once owned by market leader Deutsche Telekom that was broken up on the orders of the regulator when it was sold.

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