This site is part of the Global Exhibitions Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

Informa
Vodafone-Verizon Deal Might Trigger Opening for AT&T
By Craig Galbraith
August 30, 2013 - News
Comments

**Editor's Note: Please click here for a recap of the biggest communications mergers in Q2 2013.**

The potential sale of Vodafone's 45 percent stake in Verizon Wireless to Verizon might, in turn, open the floodgates for U.S. investment in Europe.

The deal, which some have said could happen as early as next week, is opening eyes in the industry, considering the suggested $130 billion price tag would be the biggest communications acquisition in 10 years.

AT&T, in particular, might see an opening. The carrier recently has expressed interest in making acquisitions across the pond that would give it the opportunity to offer wireless services to customers in Europe, especially considering the fact that its major acquisition attempts in the U.S. – most notably T-Mobile two years ago – have been shut down by regulators.

Europe's economy has been slower to recover that America's, but the Wall Street Journal reports that AT&T thinks that there will be increased opportunities for consumption-based smartphone data billing in the coming months.

"Once you have companies that are after global scale, it becomes a case of eat or be eaten," Bernstein Research analyst Robin Bienenstock told the Journal. So look for some more big M&A if the Vodafone-Verizon deal happens, Bienenstock said.

Follow senior online managing editor @Craig_Galbraith on Twitter.

Comments
comments powered by Disqus
Related News
News
Windstream Communications is expanding its presence in the Big Apple.
Daniel Santa Cruz
News
snom technology and Patton Electronics announced they will offer telephony bundles in both North
News
See who will join the BC/DR company next month as vice president of business development.