(Bloomberg) Billionaire John Malone’s cable group Liberty Global Plc is talking to partners about ways to carve out its network assets, according to people familiar with the matter. London-based Liberty is considering splitting off its telecom infrastructure such as cables and fiber, leaving its remaining businesses to focus on providing mobile, internet and TV services, said the people, who asked not to be named because the discussions are private. Executives at Spain’s Telefonica SA, which co-owns Liberty’s biggest asset Virgin Media O2 are open to applying that idea to their recently-merged U.K. business, the people said. Liberty also co-owns VodafoneZiggo, a joint venture in Holland, Telenet Group Holding NV in Belgium, and Sunrise UPC in Switzerland. It’s hired consultancy Accenture Plc to help with the work, according to two of the people. Liberty Global shares were up 1.1% at $29.84 as of 10:48 a.m. in New York. Virgin Media O2’s fixed-line network could be worth
Koninklijke KPN NV (AMS: KPN) shares tumble 1.5% to €2.775 per share
America Movil could trim its stake in the Dutch telecom provider via convertible bonds
Analysts foresee an improvement in KPN’s earnings per share in 2022-2024
Trade Koninklijke KPN NV shares, long or short, with an IG account
Lacklustre stock price
Shares of Koninklijke KPN NV on the Euronext Amsterdam Stock Exchange fell 1.5% to end Friday (05 March) at €2.775, with 21.9 million shares changing hands.
Year-to-date, the Dutch telecommunications operator’s shares are still up 11%, compared to €2.49 at the end of 2020.
As of Saturday, 13 in 26 analysts recommended ‘buy’, 11 rated ‘hold’, while two had ‘sell’ calls. Their average 12-month price target was €2.96, which implied 6.7% upside based on Friday’s closing price, Bloomberg data showed.
Vodafone Considering Options For Ghana in Africa Restructure
Bloomberg 1/27/2021 Loni Prinsloo and Thomas Seal
(Bloomberg) Vodafone Group Plc is considering options for its Ghana business as the British telecommunications giant focuses on reorganizing and paying down debt, according to people familiar with the matter.
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The company could sell its majority stake in the unit to Johannesburg-listed Vodacom Group Ltd., in which Vodafone is the biggest shareholder, said the people, who asked to remain anonymous as the plans are still private. The West African country’s government will have to approve of any deal, they said.
Spokespeople for Vodafone and Vodacom declined to comment. Ghana’s Minister of Communications Ursula Owusu-Ekuful did not respond to phone calls nor a text message seeking comment.