AT&T Looks to Acquire a Counterpart in Europe?

Posted January 17, 2013 at 4:16pm by iClarified | Please help us and submit a translation by clicking here | 4389 views

A&T is looking to acquire a counterpart in Europe before the market becomes more data centric, according to the WSJ.

The telecommunications giant is considering buying a counterpart in Europe, a bet that it can best escape constraints on growth at home by getting into a new wireless market where it can upgrade technology and roll out more lucrative pricing strategies, people familiar with the carrier's thinking said. The company is currently studying targets, and a deal—if one happens–could come before the end of the year, those people said.

A little over one year ago AT&T ended its bid to acquire T-Mobile after being blocked by the FCC.

Royal KPN NV in the Netherlands and Everything Everywhere in the U.K. are reportedly potential candidates for a deal. KPN is owned in part by América Móvil and Everything Everywhere is owned by Deutsche Telekom AG and France Télécom SA.

Read More


Share
Add Comment
Audi RS8 - January 18, 2013 at 12:15am
Europe get ready to get ripped off by AT&T :)) LOL
Why - January 17, 2013 at 5:52pm
Do you work for AT&T ?
JustMakeSense - January 17, 2013 at 5:18pm
Here comes all the nonsense comments about at&t
Follow iClarified
Eminem Drops 'Phenomenal' Music Video as Apple Music Exclusive
Eminem has released the music video for 'Phen...
Download the Original Infinity Blade Game for Free
Chair Entertainment Group has made the origin...
How to Jailbreak Your iPod Touch 5G Using TaiG (Windows) [iOS 8.4]
Instructions on how to jailbreak your iPod To...
Leaked Image of BlackBerry's Upcoming Android Phone?
An image of the rumored BlackBerry smartphone...
Leaked iPhone 6s Logic Board Reveals New NFC Chip, 16GB Storage, Fewer Components?