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AT&T (T) could acquire Vodafone's (VOD) non-U.S. assets if reported talks between Verizon...

AT&T (T) could acquire Vodafone's (VOD) non-U.S. assets if reported talks between Verizon (VZ) and Vodafone lead to a merger, thinks BofA/Merrill. Analyst David Barden estimates $70B would be enough for AT&T, which has made its interest in foreign expansion clear, to buy Vodafone's giant collection of international mobile properties. (tower sales)
Comments (10)
  • dabe
    , contributor
    Comments (9) | Send Message
     
    Why would the Federal Government ever approve a de facto combination of Verizon Wireless and AT&T? It will never happen.
    15 Mar 2013, 06:30 PM Reply Like
  • SA Editor Eric Jhonsa
    , contributor
    Comments (753) | Send Message
     
    The companies wouldn't be merging. Verizon would get Vodafone's stake in Verizon Wireless, AT&T would get everything else. I've got my doubts this will happen, but antitrust issues shouldn't be a problem.
    15 Mar 2013, 06:39 PM Reply Like
  • sls12249
    , contributor
    Comments (2) | Send Message
     
    What is the range of values for VOD if/when an occurrence of this sort were to take place?
    16 Mar 2013, 06:42 AM Reply Like
  • SA Editor Eric Jhonsa
    , contributor
    Comments (753) | Send Message
     
    VOD has a market cap of $136B. I've seen a valuation of $110B thrown around for the Verizon Wireless stake, so the combined valuation for its assets in this scenario could be ~$180B, or a 32% premium. But this is all very speculative.
    16 Mar 2013, 12:09 PM Reply Like
  • Ruckusfan
    , contributor
    Comments (24) | Send Message
     
    Speculative. . . but SWEET!!!! (if it happened).
    17 Mar 2013, 07:11 PM Reply Like
  • Real BS
    , contributor
    Comments (2) | Send Message
     
    dabe

     

    Reread the news release. It's not AT&T and Verizon combining.
    16 Mar 2013, 12:47 PM Reply Like
  • tradewin
    , contributor
    Comments (658) | Send Message
     
    SBC was a serial aquirer, so it's no great leap to reason that T would not follow suit. Just don't know why the change of tack in foreign assets though.
    16 Mar 2013, 06:50 PM Reply Like
  • Energysystems
    , contributor
    Comments (944) | Send Message
     
    lol...So Vodafone is going to sell themselves out completely? VZ and T wish.
    17 Mar 2013, 11:47 AM Reply Like
  • BuffetMunger
    , contributor
    Comments (71) | Send Message
     
    Nope....VOD could spin-off 45% VZ Wireless asset & make value up $75-$100B tomorrow....or do a deal with VZ...own 14-15% of it get the dividend.....add more share in future....or sell it later to buy other assets or then fusion with VZ....and leave AT &T with good bye Charlie!!! lol
    19 Mar 2013, 05:21 AM Reply Like
  • jonnyboy012
    , contributor
    Comment (1) | Send Message
     
    Struggling to understand why VF would sell to a one country operator , when their brand , reach and base is multiple times more value in more growing markets than a 1 country operator in a saturated market.
    29 Aug 2013, 02:10 PM Reply Like
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