Vodafone and Liberty Global Plchave resumed talks about possible asset swaps in Europe, according to Bloomberg, citing people with knowledge of the situation.
The talks restarted since the beginning of 2016 and could include asset swaps and co-investments in “several” European countries.
Talks are likely to concentrate on the Netherlands, and the UK and Germany, the largest markets for the two.
In the Netherland, Liberty owns Ziggo, the country’s largest cable operator, while Vodafone owns one of the mobile licences.
In Germany, Vodafone owns the largest cable operator of the country, Kabel Deutschland, and Liberty the second largest, Unitymedia.
In all territories, there will be regulatory issues before any merger can take place.