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Verizon, AT&T plan joint takeover bid for Vodafone - report

2013-04-02 11:24:00| Telecompaper Headlines

(Telecompaper) US operators Verizon and AT&T are putting together a takeover bid for Vodafone, the Financial Times' Alphaville blog reports, citing unnamed people familiar with the matter. The bid would offer an around 40 percent premium to Vodafone's current share price, or about 260 pence per share. This would value Vodafone at about USD 245 billion, making it one of the biggest takeovers ever. Barclays US has been tasked with putting together the potential transaction, the report said. Under the proposal, Verizon would buy Vodafone's 45 percent stake in their Verizon Wireless joint venture, while AT&T takes over Vodafone's non-US assets. All the companies declined to comment. The proposed takeover would resolve Verizon's long-held desire to take full control of its mobile operations, while AT&T would gain a new growth market, to help offset slowing growth in the US market, where its takeover attempts have faced regulatory obstacles.

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AT&T outshines Verizon in 4G LTE speed tests

2013-03-12 14:21:37| CNET News.com

AT&T offers the fastest LTE speeds among the top four U.S. carriers, says mobile analytics firm Root Metrics. [Read more]

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GM switches to AT&T from Verizon for OnStar wireless service

2013-02-25 11:28:36| IT Services - Topix.net

General Motors Co has chosen AT&T Inc to provide high-speed wireless service for its 2015 car models, dropping its long-term provider Verizon Wireless.

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Verizon, AT&T, Google Among Top 10 Lobbyers

2013-02-11 19:42:48| Telecom - Topix.net

Computerworld - Google, AT&T and Verizon Communications were among the top corporate lobbyers of the U.S. government in the fourth quarter of 2012, according to data released recently by the House of Representatives.

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Verizon, AT&T, Google Among Top 10 Lobbyers

2013-02-11 18:16:22| IT Services - Topix.net

Computerworld - Google, AT&T and Verizon Communications were among the top corporate lobbyers of the U.S. government in the fourth quarter of 2012, according to data released recently by the House of Representatives.

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