Vodafone tipped to bid for AT&T

Mobile phone giant Vodafone today remained tightlipped over a report that it is preparing to launch a $30bn (€24.2bn) bid for AT&T Wireless.

Vodafone tipped to bid for AT&T
Sun, 01 Feb, 2004 - 15:02

Mobile phone giant Vodafone today remained tightlipped over a report that it is preparing to launch a $30bn (€24.2bn) bid for AT&T Wireless.

Chief executive Arun Sarin is understood to have ordered financial advisers to draw up a draft document to help persuade investors that the acquisition makes commercial sense.

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