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AT&T (T) considered buying up to a 29.9% stake in Telefonica (TEF) before the Spanish...

AT&T (T) considered buying up to a 29.9% stake in Telefonica (TEF) before the Spanish government said no, has mulled buying France Telecom (FTE)/Deutsche Telekom's (DTEGY.PK) Everything Everywhere U.K. mobile JV and Telefonica's O2 U.K. unit or Latin American ops, and "remains interested" in Vodafone (VOD) assets, Bloomberg reports. A merger with Telefonica has also been explored, even though AT&T's ties with America Movil (AMX) would complicate matters. Meanwhile, the FT reports CEO Randall Stephenson is meeting with EC telecom regulator Neelie Kroes. It safe to assume Ma Bell is serious about expanding abroad in order to offset slumping U.S. growth. (previous)
Comments (3)
  • Good to see T moving more into the global market.
    20 Jun 2013, 10:14 PM Reply Like
  • A novice market observer.
    20 Jun 2013, 10:15 PM Reply Like
  • $T Why go any further than South of the Border: Buy $NIHD
    21 Jun 2013, 06:05 AM Reply Like
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