AT&T Exploring Overseas Acquisitions
Jan 17, 2013, 8:32 AM by Eric M. Zeman
AT&T, looking for ways to expand its business, may purchase a wireless network operator abroad. Citing people familiar with AT&T's plans, the Wall Street Journal reports that AT&T is targeting carriers in Western European markets, such as the U.K., the Netherlands, or Germany. AT&T's business has grown about as large as it can in the U.S., especially after U.S. regulators shot down its proposed acquisition of T-Mobile USA. The Journal's sources suggest that if an acquisition occurs, it is likely to happen before the end of the year. AT&T did not confirm the Journal's report.
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How about overborder acquisitions?
PLEASE AT&T. PLEASE. With the new laws, you CAN have foreign ownership! It would be a small % in the first year, but you can increase your investment year-by-year to own a larger % of the company! FORGET overseas! Canada needs a decent cell company!