AT&T is exploring plans for a potential takeover of Vodafone sometime next year, according to a Bloomberg report, adding further fuel to the idea that AT&T is interested in a major deal with a European operator.
Rumours that AT&T has its eye set on Vodafone refuse to go away, with a new report indicating AT&T could make a move on the UK-based giant next year.
"Good luck, Randy!" That's exactly what four of Europe's Big 5 operators (e.g., Vodafone, Deutsche Telekom, Orange, Telefónica, and Telecom Italia) told me when I asked the question: What do you think of AT&T CEO Randall Stephenson's statement that he sees room to move the European market in the direction of the U.S. by investing in networks, shifting pricing strategies to encourage mobile data use and collecting more revenue as use increases?
AT&T CEO Randall Stephenson continues to fan the flames when it comes to the telecom giant's likelihood of investing in a European telecom company. Stephenson, speaking yesterday in Brussels at an industry conference hosted by ETNO, the European telecommunications lobby, said that he continues to be fascinated by how slow mobile broadband is moving in Europe and therefore he thinks it is "a huge opportunity for somebody."
Europe's operators joined forces this week in a combined effort to lambast recent European Union proposals for a major reform of the sector, instead calling for greater freedom to consolidate and less oversight over issues such as pricing and network technology.
AT&T CEO Randall Stephenson once again kindled speculation this week that the company is interested in deals in Europe, but a push across the Atlantic carries numerous risks, analysts argue.
T-Mobile US CFO Braxton Carter said he thinks further consolidation in the U.S. wireless market is inevitable and held out the possibility of a combination between No. 3 player Sprint and No. 4 player T-Mobile.
AT&T CEO Randall Stephenson said the U.S. operator is still interested in buying mobile operator assets in Europe, although the company continues to keep the market guessing about its actual targets.
AT&T plans to use the 700 MHz Lower D and E Block licenses it acquired in 2011 from Qualcomm for an LTE Broadcast service, according to AT&T CEO Randall Stephenson.
AT&T previously passed on an opportunity to strike a deal with no-contract wireless carrier Leap Wireless but was ultimately the only bidder for the company and wound up paying 58 percent more than it had initially offered, according to a securities filing.