Turn off the Ad Banner  

To print: Select File and then Print from your browser's menu.

    -----------------------------------------------
This story was printed from CdrInfo.com,
located at http://www.cdrinfo.com.
-----------------------------------------------

Appeared on: Friday, November 01, 2013
AT&T Intrested In Vodafone: report

A media report claims that AT&T is exploring strategies for a potential takeover of British telecoms firm Vodafone Group.

Citing people familiar with the situation, Bloomberg reported on Thursday that AT&T was examining how it could divide Vodafone up after a deal, keeping some assets and disposing of others.

AT&T has expressed its interest for the mobile broadband market in Europe. Chief Executive Randall Stephenson has said there is a "huge opportunity" to invest in mobile broadband in Europe and he would buy wireless assets if they were available at the right price.

AT&T is the second-largest mobile provider in the United States after Verizon Wireless.

Vodafone sold its stake in Verizon Wireless to its joint venture partner Verizon Communications Inc for $130 billion in September, a move that offers Verizon access to the European market but also to Middle East and Africa, where Vodafone had its business expanded.




Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .