NEW YORK (TheStreet) -- Vodafone (VOD) - Get Report stock is advancing by 1.04% to $32.46 in early-morning trading on Thursday, as the mobile communications company plans a 140 billion euro merger with Liberty Global (LBTYA) for early 2016, the Daily Mail reports.

In September, Vodafone ended talks regarding an assets exchange with the company.

At the time, the companies noted that they were not discussing a full merger, but remained open to future deals, Bloomberg reported. Because Vodafone and Liberty Global didn't announce an intention to make an offer, they are not restricted by U.K. regulations regarding when they could restart talks.

Liberty Global chairman John Malone has now reportedly begun new discussions with investors about a "friendly" merger, according to the Daily Mail.

Based in the U.K., Vodafone offers voice, messaging, and data services across mobile and fixed networks; fixed broadband and TV services; cloud and hosting, as well as Internet protocol-virtual private network services; roaming services; and unified communications services.

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