Wednesday, January 17, 2007

M&A://Will Vodafone team up for expansion?

Singapore Telecomms could have been a Vodafone partner for Asian expansion, comparable to Telkom SA in Africa. But with SingTel expressing plans of its own and controlling shareholder Temasek teaming up with Qatar Telecom, this option seems to vaporise.

The latter move suggests Vodafone could team up with a cash-rich Arab operator (even if Vodafone itself isn't exactly poor).

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