AT&T Inc. executives huddled with small groups of investors in Barcelona this week to discuss their willingness to own cable assets and stretch their balance sheet for big investments in mature economies like those in Europe, said people with knowledge of the matter.
AT&T Inc. Chief Executive Officer Randall Stephenson comes to Europe several times a year bearing a message: The region would do well to learn from the Americans in developing new mobile technology. Problem is, Europe isn’t particularly interested in the lesson.
Vodafone Group Plc Chief Executive Officer Vittorio Colao said Europe’s phone carriers aren’t investing enough in new technologies because they struggle to make money, calling for more consolidation in the industry.
Vodafone Group Plc completed the biggest sale of the past decade today, leaving the wireless carrier about half the size it was, as Chief Executive Officer Vittorio Colao embarks on a new expansion strategy.
Orange SA has intensified its search for acquisition targets in Spain to avoid being left out of potential consolidation in the country’s telecommunications market, according to people familiar with the matter.
Vodafone Group Plc has approached Grupo Corporativo ONO SA’s owners about a potential acquisition as the cable company meets this week to discuss an initial public offering or a sale, people familiar with the matter said.