LONDON, Sept 15 (Reuters) - Cable operator Liberty Global and mobile phone group Vodafone have notworked out how to progress with an exchange of assets, monthsafter they said they were in talks, Liberty's Chairman JohnMalone told Bloomberg.
"Conceptually there could be some real value created butrealistically we haven't been able to figure out a way to dothat that's mutually successful," he said in an interviewpublished on Tuesday.
"That doesn't mean that we won't find a solution, nor doesit imply that we will."
Vodafone, the world's second biggest mobile operator, saidin June it was in early talks about exchanging selected assetswith Liberty, Europe's biggest cable company.
An exchange, for example in Britain or Germany where theyare both present, would enable the groups to sell the packagesof mobile, fixed-line, broadband and television servicesincreasingly offered by rivals.
Shares in Vodafone, which have fallen 13 percent since itsaid it was in talks in June, were trading down 1 percent at 219pence at 1527 GMT.
Shares in Liberty Global were trading down 0.5 percent at$46.61. (Reporting by Paul Sandle; Editing by Keith Weir)