Following new takeover rumors, the $UTDI (-0,57%) and $1U1 (-0,12%) have made a good start to the day.
The deal would make sense, but Telefonica has serious financial problems and the antitrust authorities are unlikely to be very enthusiastic.
Telefonica would gain a technology that has been tested to market maturity (ORAN) and new frequencies, which they would still have to pay for. In addition, by migrating away from Vodafone, Telefonica's network would be better utilized again, which would significantly improve the ROI of the network expansion.
https://www.golem.de/news/united-internet-telefonica-erwaegt-uebernahme-von-1-1-2510-201324.html