Vodafone in €7.7bn tender offer for Kabel Deutschland Adrian von Hammerstein, chief executive of Kabel, said: "Kabel Deutschland and Vodafone are an ideal fit. Together, we have the opportunity to become Germany's leading telecommunications and television provider and to create what for the German market is a unique, winning combination of fixed line and mobile communications Vittorio Colao, the Vodafone chief executive, said: "German consumer and business demand for fast broadband and data services continues to grow substantially as customers increasingly access TV, fixed and mobile broadband services from multiple devices in the home and workplace and on the move. The combination of Vodafone Germany and Kabel Deutschland will greatly enhance our offerings in response to those needs. The merged group will have revenues of €11.5bn (£9.8bn) in Germany. Following completion of the deal, Vodafone will have 32.4m mobile, 5m broadband and 7.6m direct TV customers in the country. The offer was deemed inadequate and subsequently John Malone's Liberty Global made an offer said to be valued at €85 a share. Liberty Global, which is yet to respond to the Vodafone tender offer, could still counter bid. Analysts said Vodafone remained in a strong position as its offer is in cash. The voluntary public tender offer will be done through Vodafone's wholly-owned subsidiary Vodafone Vierte Verwaltungsgesellschaft.