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Originally Posted by Pierre
I missed that bit, what figure was placed on VM?
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The fact that Liberty will be paying Telefonica an additional amount shows that a valuation has been done.
I'm inclined to agree that on paper, O2 is a more likely combination for VM than Vodafone. But I wonder if Comcast/Sky might try to gate crash the merger so that it does not have such a strong competitor. If Comcast/Sky is successful, this could lead to VM and Vodafone or VM and Three merging.
We also don't know 100% if VM Ireland is included in the VM-O2 merger as that is a market O2 has withdrawn from.