Feeds

AT&T not planning to buy Vodafone

Or any of the other biggies, for that matter

High performance access to file storage

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. ®

High performance access to file storage

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
Skype pimps pro-level broadcast service
Playing Cat and Mouse with the media
Beat it, freetards! Dyn to shut down no-cost dynamic DNS next month
... but don't worry, charter members, you're still in 'for life'
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.