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Vodafone eyes T-Mobile UK bid

Vodafone is considering an offer to buy T-Mobile UK, in an audacious move that would have huge impact on the UK mobile phone market. The world’s largest mobile operator by revenue is looking at the case for acquiring T-Mobile UK, which has an estimated enterprise value of $4bn to $5.6bn – even though any transaction runs the risk of being blocked by regulators. Deutsche Telekom, T-Mobile UK’s owner, has appointed JPMorgan to advise on strategic options.

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