Vodafone has emerged as a surprise frontrunner to acquire Tiscali after submitting a £1.1 billion (E1.37bn) bid for the group. A possible deal would give Vodafone a fixed-line broadband presence in the UK, and allow it to merge Tiscali’s Italian operation with its Tele 2 business there.

BSkyB, BT, Swisscom-owned Fastweb, and Italian mobiles group Wind have also made it through to the second round of the auction.

Other posts by :

1. SES happy with releasing 160MHz of spectrum for 5G
2. Inmarsat “likely to win appeal” over Ligado/AST action
3. FCC seeks fair play over foreign satellite access
4. Bank raises RocketLab target price
5. Paramount throws kitchen sink
6. Ukraine wants its own LEO system
7. SpaceX outlines Starlink cellular delivery plan
8. NAB vs CTIA on C-band release
9. Laser terminals to operate at 100x faster

Categories: Articles, Business, M&A