A €7.7 billion offer looks set to secure Kabel Deutschland (KDG) for the British telco Vodafone.
The Financial Times reported Monday that the revised offer of €87 per share was tabled over the weekend, considerable higher than its opening €80 bid.
Vodafone has been looking at ways of developing a triple play offer since the stuttering start of its own IPTV service.
The move will come as a blow to the ambitions of Liberty Global, the owner of Germany’s second largest cablenet Unitymedia, and which placed its own offer of €85 per share.
It now seems unlikely that the price for Germany’s cable giant, formed from the break up of Deutsche Telekom’s cable interests, will touch the €100 per share suggested by some operators.