AT&T (T) is reportedly considering acquiring a European telecom operator and is casting its...

|By:, SA News Editor

AT&T (T) is reportedly considering acquiring a European telecom operator and is casting its eye on Holland's KPN, which is 28%-owned by American Movil (AMX), and the U.K.'s Everything Everywhere, which is co-owned by France Telecom (FTE) and Deutsche Telekom (DTEGF.PK). With share prices depressed because of the economic slump, AT&T reckons it might be worth buying into Europe before the data market matures to the level of the U.S.