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Germany : GERMAN division of VODAFONE likely to acquire KABEL DEUTSCHLAND [TendersInfo (India)]

Al Bawaba Ltd.

German unit of Vodafone is said to be in negotiations for acquiring Kabel Deutschland, the largest cable television operator in the country.

A plan has been put up to vote to CEO Vittorio Colao by Vodafone Germany's Chief Executive Officer (CEO) Jens Schulte-Bockum and Group Strategy Chief Warren Finegold.

No further details were available from Vodafone.

Last week, Vodafone posted a worse than expected drop in group revenue for the last three months of 2012.

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