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Ahead of Earnings, AT&T Denies Vodafone Bid
2014-01-28 17:16:26| IT Services - Topix.net
At the request of the UK Takeover Panel, AT&T Monday confirmed that it does not intend to make an offer for Vodafone.
AT&T says does not intend to bid for Vodafone
2014-01-27 10:49:41| Telecom - Topix.net
U.S. mobile operator AT&T on Monday ruled out buying Vodafone for the next six months after an enquiry by Britain's takeover panel following months of speculation, sending its shares down 6 percent.
AT&T denies plans for Vodafone bid
2014-01-27 08:53:00| Telecompaper Headlines
(Telecompaper) AT&T has issued a formal statement denying any plans to launch a takeover bid for Vodafone Group. AT&T said it made the statement at the request of the UK Takeover Panel, which had asked for clarification after numerous media reports that AT&T was considering expanding in Europe through Vodafone. The sale of Vodafone's stake in US operator Verizon Wireless would ease the way for an AT&T deal, removing any competition problems in the US and giving Vodafone a significant cash for further investment. Under the UK Takeover Code, AT&T would now be restricted from making an offer for Vodafone within the next six months. However, the company noted that it reserves the right to launch a bid or participate in a joint offer within six months under the exceptions allowed under the code, such as Vodafone agreeing to such a bid or an offer from a third party emerging.
Egypt's Sawiris plans bid for TIM Brasil to avoid breakup - paper
2014-01-26 05:27:29| Telecom - Topix.net
"That is an idea defended by Telefonica on the board of Telecom Italia and I am vehemently against it, because it will devalue not just Telecom Italia shares, but also the assets of all the parts," said Sawiris, a minority shareholder of the Italian company.
AT&T Courts Europe Over 60bn Vodafone Bid
2014-01-26 05:07:02| IT Services - Topix.net
US telecoms giant AT&T is courting European regulators as it accelerates work on a possible 60bn takeover bid for Vodafone.
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