Analysis, Mobile Computing, Opinion

AT&T-Vodafone Venture: Good Times Ahead For Global Mobile Industry?

The world’s mobile industry is on the brink of a major shakeup. With European Vodafone Group (LON: VOD) having divested its stake in US carrier Verizon Wireless (NYSE: VZ) , the stage is open for a possible deal with yet another American player, AT&T (NYSE: T). Sources close to both Vodafone and AT&T have said that executives from the two companies are laying the groundwork for a possible acquisition, merger or partnership, which will boost the combined network’s coverage to about 500 million subscribers — second only to China Mobile’s (HKG: 0941) 740 million. In a deal estimated to reach US$175 billion at Vodafone’s current market capitalization, AT&T is

Read More...