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AT&T dismisses talk of a Vodafone takeover bid


ATT might want a piece of the European wireless market, but it’s not planning to bid for British firm Vodafone. The US carrier revealed today that it won’t make a takeover offer for Vodafone, following months of speculation that originated in October. ATT’s confirmation means it won’t make an offer for Vodafone for six months to adhere with UK Takeover Code. However, ATT is still free to make an offer if Vodafone’s board approves it or if a third-party bids on Vodafone.

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