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AT&T Eyeing Vodafone Takeover

by Todd Haselton | November 1, 2013November 1, 2013 9:30 am PDT

AT&T-Sign-4

AT&T is reportedly considering a takeover of Vodafone, according to a recent report from Bloomberg. It could be a potentially complex deal, however, since Vodafone is still a part owner of the Verizon Wireless joint venture with Verizon Communications.

Apparently AT&T’s goal was to snatch up Vodafone while Verizon Communications bought out Vodafone’s remaining 45-percent stake in Verizon Wireless. Verizon Communications turned down the deal since it would potentially delay its own transaction, Bloomberg explained.

AT&T could do well to acquire Vodafone, however, since we imagine it could lead to improved roaming internationally. Detusche Telekom-owned T-Mobile USA, for example, recently introduced global roaming as part of its regular plans. Bloomberg suggests it’s more than that though. AT&T would potentially become a behemoth carrier with enough muscle to tell Google and Apple what to do, and not vice versa.

It’s unclear if the deal will ever go through, though as Bloomberg notes AT&T would still have to wait until at least 2014 after Verizon Communications completes its acquisition of Verizon Wireless from Vodafone.

Bloomberg

Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...

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