Cyber Poems

According to Financial Times reports, Vodafone has offered proposal to buy the troubled mobile broadband company, T-Mobile UK, and it would make Vodafone the largest mobile broadband service provider in the UK if the deal proves successful.

The report published in the Financial Times’ Sunday edition was however not confirmed by either of the companies. The paper cited sources familiar with the information, which has been coming out during the past few months regarding the sale of T-Mobile. FT also said that the news initially came up about six months back when T-Mobile’s parent company, Deutsche Telekom, disclosed its plan of getting out of the UK’s mobile broadband market.

During the last month, the news of T-Mobile’s sale resurfaced when Deutsche Telekom the parent company of T-Mobile, reduced the division’s book value, which was seen as a sign of getting rid of the distressed division. Initially Orange and 3mobile were the expected contenders for the deal.

Vodafone with its 25% market share in the UK mobile broadband market is expected to gain a huge advantage from this buy out. If the deal is finalised, then Vodafone will hit the 40% mark in terms of market share, which is likely to leave Ofcom annoyed. Ofcom has been working towards maintaining a competitive market, and as Vodafone