LONDON: Mobile phone operator Vodafone said on Tuesday it was in talks with John Malone's cable company Liberty Global about a swap of assets in the Netherlands.
Liberty Global owns Ziggo, the largest cable TV operator in the Netherlands, while Vodafone is the second biggest mobile operator after KPN.
The two companies were in prolonged talks about combining assets across various European markets, or a broader merger, last year, but could not agree on valuations.
Vodafone said it was now in talks with Liberty Global about the creation of a joint venture in the Netherlands that would incorporate both companies' local operating businesses.
"The discussions are ongoing and do not extend beyond the creation of a joint venture in the Netherlands," it said.
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