AT&T says does not intend to bid for Vodafone
1 min read . Updated: 27 Jan 2014, 01:07 PM ISTThe firm had earlier said there was a 'huge opportunity' to invest in mobile broadband in Europe, sparking speculation that it would buy Vodafone
London: US mobile operator AT&T Inc. said on Monday it did not intend to make a takeover offer for Britain’s Vodafone Group Plc., following months of speculation.
AT&T said it was making the statement at the request of the British takeover panel.
AT&T, the second largest mobile provider in the US, had said there was a “huge opportunity" to invest in mobile broadband in Europe, sparking speculation that it would buy Vodafone, the world’s second largest mobile operator with assets in Europe, India and Africa.
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