AT&T: No plans to bid for Vodafone; latter eyes Spain's ONO

|About: AT&T Inc. (T)|By:, SA News Editor

AT&T (T) has no intention of making an offer for Vodafone (VOD), the U.S. company said today in response to speculation about a possible deal. (PR)

Meanwhile, Vodafone is in talks to acquire Spain's Grupo Corporativo ONO before the cable operator carries out an IPO, Bloomberg reports.

Any deal for ONO, which one analyst says could be worth an estimated €6.4B ($8.7B) including debt, would add to Vodafone's acquisition of other cable providers in Europe such as Kabel Deutschland in Germany.