Pressure on share price as Vodafone ponders AT&T bid

VODAFONE’S share price has come under renewed pressure amid rumours of an intended bid for AT&T’s mobile giant AT&T Wireless in the United States.

Vodafone’s fate is of interest to thousands of Irish investors, who were given shares after the company bought Eircom’s mobile subsidiary, Eircell, in 2001.

Before the takeover was finalised Vodafone’s shares fell below £2 for the first time in over two years.