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Europe Daily Bulletin No. 9062

5 November 2005
Contents Publication in full By article 35 / 46
ECONOMIC INTERPENETRATION / (eu) telecommunications

British VODAFONE is in exclusive talks for acquisition of 15% of the mobile phone operator, VODACOM, from the REMBRANDT TRUST fund, for the sum of EUR 2 billion. The operation would increase VODAFONE's stake from 35% to 50%. The British operator would then control VODACOM equally with the traditional South-African operator, TELKOM. VODACOM currently has 17.2 million clients including 14.3 million in South Africa (i.e. 57% of the market).

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION