AT&T not planning to buy Vodafone
Print storyOr any of the other biggies, for that matter
Posted in Networks, 19th June 2007 10:37 GMT
Free Download - Security Web 2.0
AT&T chief executive Randall Stephenson has told the Financial Times that despite speculation it's not planning to buy Vodafone.
He said the firm will instead focus on smaller companies supplying big corporate customers with telephony services.
AT&T certainly has international aspirations, and made an abortive bid for Telecom Italia back in April. But Randell, who started as chief executive two weeks ago, described that bid as "opportunistic", and has made it clear that ownership of any former European telecoms monopoly isn't on the cards.
Big business contracts were worth over £5bn to AT&T in 2006, including the customers of the three domestic competitors it's bought in the last few years.
Verizon and BT remain significant international competitors for that business, and both will be watching to see which smaller companies might attract AT&T's interest. ®
Ten Cooling Solutions to Support High-Density Server Deployment [WP42]
Implementing Energy Efficient Data Centers [WP114]
An Improved Architecture for High-Efficiency, High-Density Data Centers [WP126]
The Register Guide to Extended Validation
Online Social Networking: The Employer's Dilemma
Tell Santa to bring more assault rifles
US WMD report: Dirty bombs, chem weapons are bunk
HP breaks Japanese excessive packaging record
The GUI that almost conquered the pocket