The rumored €1 billion which this week emerged as the price for buying out Hansenet in Germany, shows that the race is still on for broadband capacity across Europe, as Telefonica is expected later this week to announce it has closed the deal. The story has run in both local Spanish newspapers, and also in Reuters, but no-one should have been surprised that it was Telefonica that won the day ‘ after all it has a strong controlling vote at Telecom Italia, the seller, and was rumored as far back as May as being the leading bidder for the asset. Essentially the price has gone down since May, though that will be on the back of exclusive due diligence, which…