It has been reported that Vodafone, the word's number one mobile operator, has bid around $35bn (€27.47bn) for AT&T Wireless.

Mobile phone giant Vodafone is facing just one rival in the multi-billion pound race for US operator AT&T Wireless, it was reported today.

MOBILE phone giant Vodafone has remained tightlipped over a report that it is preparing to launch a $30 billion (E24 billion) bid for American mobile giant AT&T Wireless.

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.

The third largest wireless network in the US , AT&T Wireless, yesterday formally put itself up for sale.

Vodafone may be about to launch a bid for US telecoms giant AT&T Wireless - to protect its own interests there.

Wireless software firm Network365 has closed €10m in a third round of private equity funding for its comprehensive payments and service system, mzone.

NTT DoCoMo has said that it has sold more than 10 million camera phones since launching its first model 11 months ago.

Japanese mobile operator NTT DoCoMo has announced that it is to write off a significant proportion of its foreign 3G assets following losses incurred on them.

The plummeting value of telecoms stocks has nearly obliterated NTT DoCoMo's profits.

Though there was a signs of a revival this morning, shares in Vodafone fell all week and on Thursday the closing price was 111p, down 8.5% on the day. This price means that, in market value, Vodafone has slipped behind NTT DoCoMo who has taken its place as the world's largest mobile operator.

Vodafone shares fell yesterday as ABN Amro lowered its expectations for the company and said that its share price was overvalued.

Researchers are developing a lip-reading mobile phone that could end the irritation of having to listen to other people's conversations.

NTT DoCoMo has announced it is to recall 1,500 3G handsets.

NTT DoCoMo has launched the world's first 3G phone service.

Vodafone and Japan Telecom plan to form a single company to challenge NTT DoCoMo's dominance of the Japanese market.

The world's first third-generation mobile phone service has been hit by a glitch in its e-mail service.

The i-mode wireless internet service will start in the US early next year.

People will be able to listen to music stored on a new type of mobile phone.

Vodafone is reportedly close to securing a deal that would make it the third largest telecoms operator in Japan.

The Nikkei 225 index closed at 13,269.85, down 115.67 points, led by high-techs after a report that Toshiba will miss its year to March net profit target.