AT&T confirmed Monday that it “does not intend”...
AT&T confirmed Monday that it “does not intend” to bid for U.K. telco Vodafone in the immediate future. The U.K. Panel on Takeovers and Mergers had asked AT&T to say whether it planned to bid for Vodafone following recent speculation…
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about a possible offer. AT&T can’t make an offer for Vodafone for the next six months because of the statement, unless Vodafone agrees to the bid’s submission, another company makes an offer or the British government decides Vodafone’s circumstances have significantly changed (http://soc.att.com/1fi49ao).