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AT&T CEO has met with EU regulators ahead of any potential bid

Verizon has just recently agreed to buyout Vodafone's stake in it, but the European carrier is now the target it seems of AT&T. Around the time the Verizon buyout was getting going, we first heard AT&T CEO Randall Stephenson talk about Europe as the next potential target for expansion. But instead of going after a smaller carrier, it looks like the target is one of Europe's biggest, with a potential $60 billion takeover of Vodafone in mind. 

Ahead of any bid, Stephenson has been meeting with EU regulators to discuss the U.S. carriers European ambitions. The two giants coming together would create a combined entity with a market value around $150 billion. The Vodafone deal with Verizon hasn't yet been completed, so no formal approach has been made by AT&T, but that is expected to close soon. AT&T has apparently already begun discussing financing for a the potential takeover bid. 

Acquiring Vodafone would certainly be a big entry into Europe for AT&T. Some of the biggest mobile markets in Europe are covered by Vodafone, including the UK, Germany, Spain and Italy. 

Source: Sky News

 
There are 89 comments

Cienight says:

they cant buy vodafone ffs

icebike says:

They can try:

Dear Euro Friends:
Its time to get your signs and Guy Fawkes masks out and picket any organization that can prevent AT&T from setting one foot on EU soil.

You do not want these people running your network. Run away from this like your hair is on fire.

Jay Holm says:

+10000!!!!!

Posted using Android Central App on my Samsung Galaxy S4 T-Mobile

alexlam24 says:

T-Mobile for carrier!

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SCIUE says:

Dear Dollar.
Europe should prevent AT&T buying Vodafone !!!
Vodafone never succeded in buying the remaining 50 % of Verizon beacause always prevented...

mwara244 says:

I hope Europe dishes out so many regulations it thwarts ATT efforts to want to get into Europe. The same way Verizon backed out of Canada once they realized Canada was not going to put up with B S they get away with hear in the states. If these companies paid taxes they wouldn't be doing these buyouts. Sad that they want the freedoms and securities in the US without paying a single sent to reinvest in the US.

BB_Bmore says:

60 billion, billion with a B!? I need to get into the telecommunications business !

Mike

Amir47 says:

VZ wireless paid $115b for full control of vzw. So vzw should be worth well in the $200b

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MidMoMonkey says:

Holy hell that's a lot of money! I wonder if AT&T would offer better international roaming if this goes through.

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Doubtful. They know that most international travelers from the US don't know how to get their phones unlocked and use a local SIM, so these people are a captive audience to be milked for as much money as possible.

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tdizzel says:

Now Europe can enjoy the same kind of cell phone service and carrier interaction that we enjoy in America...hope you guys appreciate that.

You've never used Vodafone obviously ;-)

tdizzel says:

No I haven't, but I guess I should have put a /s at the end of my comment.
Randall Stephenson doesn't even want a AT&T service contract

supersanborn says:

If Europe is smart they say no.

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veii says:

That would be a nightmare. Although, maybe they could sort their coverage out because it's rubbish - if I set my Vodafone to 3G only it's like being with 3 was back in 2003!

Jacques says:

Holy crap...that's some major league capital they got to spend! If it goes through, when I go to the EU for vacation, hopefully I can get a good deal on coverage. :-D

Posted via the awesomest of awesome Android Central App on my Nexus 5

meisterli says:

They would make a great team. Vodafone is already basically the stupidest and most overpriced of all the carriers here, so that would just make it all the more easy to ignore them in the future too.

bhatech says:

Good for Europe... They will make sure the subsidy model gets popular there /s

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Mr Geek says:

Att telecom business in Europe will be tough. Europe telecom competing each other is healthy. Att will also own 45 percent Verizon wireless if they buy Vodafone. What a plan att, and yes owning 45 percent of Verizon wireless will revive ma bell era.

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MERCDROID says:

No, Verizon bought back Vodafone's stake.

Posted from my "Gift from God" Note 3, my "God-Given" iPad Mini 2, or my "Risen" Samsung Chromebook.

On2Vegas says:

I assume you didn't read the article. Verizon has already begun the process of buying out Vodafone's share.

Worse still...didn't read the first line even :-(

MERCDROID says:

=(

Posted from my "Gift from God" Note 3, my "God-Given" iPad Mini 2, or my "Risen" Samsung Chromebook.

NoNexus says:

This is 'Murica we don't needs no fancy readin

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This space for SALE! BBM me #8675309

tdizzel says:

That space is for sale? do you accept Batcoins? What about Bitmaps?

sirmrgeek says:

Verizon communication bought them all back from Vodafone.

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nexus15 says:

No they wont. Vodafone sold it's stake in Verizon wireless to Verizon. Verizon now owns 100% of Verizon wireless. Same as att and att wireless.

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Gekko says:

merger of equals = free international roaming = true global carrier. nice.

Mr Geek says:

I disagree this bad news for u.s consumers. Att gonna own 45 percent of Verizon if they buy Vodafone.

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As above, you're wrong. Verizon is buying out Vodafone's stake as I mentioned in the article. Therefore Vodafone will own precisely 0% of Verizon. 

An AT&T purchase of a European carrier might actually be good for U.S. consumers. More revenue, the potential of good roaming agreements finally, who knows. But one thing is certain; AT&T won't own any part of Verizon.

BoB16731 says:

Get your facts right before posting

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Gekko says:

imagine a world where you can use a singular cell phone and carrier anywhere in the world. you have high speed data, and can call/message to and from anywhere - no matter where you are - all for the same rate or less than you are paying now. no roaming, no long distance, no SIM card changes. it's coming.

NoNexus says:

How'd that work for Tmo?

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This space for SALE! BBM me #8675309

drokssilva says:

Omg. What is you're problem?

Sent from inside a cave. Yes, T-Mobile covers caves.

tdizzel says:

He's got 99 problems but Vodafone ain't one

MERCDROID says:

Well played =)

NoNexus says:

Tip of the hat to you kind sir

NoNexus says:

It just happens that the same situation is what a lot thought with Tmobile/DT. It really never came to fruition and is ending messyish. The only difference was that DT went afte Tmo.

Not everything is me indicting Tmo/Nexus/whatever. It sometimes is relevant

MERCDROID says:

It's all good, brother. It probably would have helped to spell that out in your initial reply, though.

Posted from my "Gift from God" Note 3, my "God-Given" iPad Mini 2, or my "Risen" Samsung Chromebook.

NoNexus says:

Correct my friend, I should have

Jay Holm says:

Don't assume it'll be a bargain, this is ATT after all.

Posted using Android Central App on my Samsung Galaxy S4 T-Mobile

dchawk81 says:

Yeah instead of paying $5 per MB you'll get to enjoy a fantastic low rate of only $4 per MB when traveling.

jeddo45 says:

Richard told me to say its not going to happen cause plain and simple nothing beats T-Mobile.

Nexus 5...enough said

Jay Holm says:

Well, at least he's been spoken for. Lol!

Posted using Android Central App on my Samsung Galaxy S4 T-Mobile

MERCDROID says:

Present and accounted for lol

Posted from my "Gift from God" Note 3, my "God-Given" iPad Mini 2, or my "Risen" Samsung Chromebook.

scouser73 says:

Shit a brick, I hope this doesn't happen.

yankeesusa says:

It will be easier for nsa to spy on Europe if this happens. he he

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MERCDROID says:

And, that's a good thing?

Posted from my "Gift from God" Note 3, my "God-Given" iPad Mini 2, or my "Risen" Samsung Chromebook.

yankeesusa says:

I was being sarcastic

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MERCDROID says:

Ooops, lol

NoNexus says:

We wouldn't have to outsource at least

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This space for SALE! BBM me #8675309

MERCDROID says:

Or, so you say...

lycosman says:

As a Vodafone customer, I sincerely hope this doesn't happen. I envy none of the US telecom services.

planoman says:

Looks to be a sign of desperation. Hard to believe this will be profitable in the long term. I doubt it will happen.

MacCB says:

With all these offers to take over each other, I feel like I'm in a Monopoly game. We all know what happens at the end of the game.

tdizzel says:

I get busted for stealing from the bank?

MERCDROID says:

CHEATER!!

alexlam24 says:

The family ends up moving out?

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DJCBS says:

I hope the EU doesn't allow this.
If they do, the moment AT&T buys Vodafone I change carriers. No way I'm sticking with, from what I've read and been told by American friends, is the worst US carrier of the major 3 ones.
Also, the last thing we need in Europe is another door for the US Government to spy on us. No, thanks =P

I would rather have Deutsche Telekom buy Vodafone.

plunder says:

I agree about the security issue.

Awesome A C

tastisnax says:

The only thing worse than AT&T buying Vodafone would be Verizon buying Vodafone. They both earn my loathing.

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VAVA Mk2 says:

If it was Sprint trying to buy Vodaphone, everyone would be laughing.

Sent from my Nexus 5 :-D

carraser891 says:

Verizon already owned a portion of Vodafone. Verizon communications recently bought it back

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DJCBS says:

I would appreciate if American carriers would not leave the borders of the US at all =P

z0phi3l says:

You do realize everyone spies on each other AND share information right? The NSA already has your data if they were inclined to want it

Jay Holm says:

Sheez!!! It seems like ATT wants to run the whole world!!! I'm surprised De La Vega hasn't shown interest in being the head of the United Nations!

Posted using Android Central App on my Samsung Galaxy S4 T-Mobile

hodan says:

He has more power running AT&T. But I get your comment.

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STiK says:

60 Billion seems like a lot to pay to match T-Mobiles international data ;)

carraser891 says:

T-Mobile international data is useless. why do you think it's free? you get what you pay for. there's coverage literally nowhere.

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churro#WN says:

Overcharging customers that's how they got that money

someguy01234 says:

Trust me, you don't want to use ATT services. My family members pay up the eyeballs for ATT plans.

paulw3 says:

It would be interesting in my part of the world as in the mid 1990s Vodafone bought out Bell South. It would be a 360 degree circle.

Posted via my Motorola Startac

VAVA Mk2 says:

Your signature gets you a +1 regardless of your post (didn't read)

Sent from my Nexus 5 :-D

pmjj says:

You would have thought that Verizon would have just stayed partners and worked out a great roaming plan?

pagger says:

Well I will be dumping this shitty sim out if that's the case. Heard lots of crapp story's. That will give me the excuse I need for 4g with EE.

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Jay Holm says:

+1!!!

Posted using Android Central App on my Samsung Galaxy S4 T-Mobile

plunder says:

American contract customers seem get treated rather badly. As a Vodafone customer I hope AT&T get shown the door.

Awesome A C

Jay Holm says:

I concur!

Posted using Android Central App on my Samsung Galaxy S4 T-Mobile

planoman says:

Not all. I am perfectly happy with ATT. They provide a service, and I pay them. They have a fast LTE network where I live. I travel nationwide and the network works well most places. And with my corporate discount I am happy with plan. I find it amusing that people bitch the most about ATT & Verizon and they are the largest carriers by far.

I am not even on contract as I switch phones so often, I just pay for the phones. ATT also bring to market and has the best devices of any carrier by far. But I think for ATT to spend 60 Billion on anything is a sign of desperation. No European telecom is worth that.

I can't imagine this will get approval from EU regulators

Posted via my tricked out Moto X.

s2weden2000 says:

Not good...

... (Oppo F5) ...

forenuser says:

Seems that money is far to cheap by now...

Did this multi-billion-dollars take-overs/mergers just paid once?

keith2k1 says:

Europe please don't let this take place. If it does, at&t will be one step closer to changing its name to Skynet. at&t is bad!!!!!!!!!!!!

Don't just talk about Europe people, although Vodafone is indeed based in Europe it is the largest mobile carrier in the world...so this deal should be the other way around. That would be so much better for America as then they could enjoy the super low prices and great coverage that most of the world already has.

forenuser says:

Is that so? I do not know anything about the US/CAN mobile market but in germany a lot of people always praise the US mobile market for the reliable services, good coverage and low prices.

Actually...in terms of customers, China Mobile is the worlds biggest carrier ;-)

DaFonZisBack says:

At&t would only make vodaphone better. Plenty of other companies to prevent a monopoly. Plus they'd have to adapt to the euro market.

posted with a galaxy note 3. h8ers gon' h8. live2win#swagface#switchedOn*_*

MrLadoodle says:

Vodafone already is a monopoly, look at its global footprint.