The completion of Project Spring brings Vodafone’s restructuring closer to an end.
Vodafone and Liberty Global announced on Aug. 3, 2016, that the companies' proposed joint venture in the Netherlands had received conditional clearance by the European Commission. We had expected approval, so we don't anticipate any changes to our fair value estimates or moat ratings. We believe the combined firm will form a strong competitor, as it joins the largest cable television operator with the fastest broadband network with the second-largest wireless operator. We think having a second c...
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