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 | 4139 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
Office for iPad Now Supports Monthly Subscriptions
Microsoft has announced that Office for iPad ...
Amazon Cloud Drive Photos App Now Lets You View Metadata, Rename Albums, Stream via AirPlay
Plants vs. Zombies 2 Brings Back the Vasebreaker Mini-Game
Plants vs. Zombies 2 has been updated to brin...
Apple Says Leak of Nude Celebrity Photos Was Not Due to iCloud Breach
Apple has announced the results of its invest...
Yahoo Screen App Now Lets You Watch Music Videos on Vevo
Following its recent integration of NFL Now, ...