AT&T Rules Out Vodafone Takeover Bid; VOD Slides

By | January 27, 2014

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AT&T (T) ruled out a bid for Vodafone (VOD) for at least six months in a regulatory filing, sending shares of U.K.-based Vodafone, the world’s largest wireless firm by revenue, down in London Monday. In the U.S., Vodafone was down 2% in early trading in the stock market today, while AT&T stock was up a fraction. Verizon Communications’ (VZ) $130 billion buyout of Vodafone’s 45% stake in their U.S. wireless joint venture, Verizon Wireless, is Scalper1 News

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