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Vodafone LGI German merger – over Bundeskartellamt’s dead body

There is an idea expressed by Liberty Global CEO Mike Fries, about Netflix a few years back, which is coming back to haunt him. “I’d rather have our business model than theirs,” he said. But today Fries is flailing about trying to rid himself of assets which are not working for him and adjust the Liberty Global Inc (LGI) business model so that it can be more like Netflix. For a cable company it’s a tough ask. We have pointed out on multiple occasions that running a company which reports in US dollars but does most of its business in Euros and British Pounds, is tough in a period of currency fluctuation and Brexit is the trigger for the current…

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