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Andrada Mining acquisition elevates the miner to emerging mid-tier status
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UPDATE 1-AT&T eyes Vodafone post Verizon deal-report

Fri, 30th Aug 2013 02:15

Aug 30 (Reuters) - AT&T Inc will examine VodafoneGroup Plc's remaining assets after VerizonCommunications buys out the British mobile carrier'sstake in Verizon Wireless, Bloomberg reported, citing peoplefamiliar with the matter.

AT&T, the number one U.S. mobile carrier, is only interestedin the wireless business and would be discouraged if Vodafoneexpands in cable and fixed-line, one of the sources toldBloomberg. ()

The potential deal could fetch about 80 billion pounds ($124billion), estimated Robin Bienenstock, an analyst at SanfordBernstein, Bloomberg said.

Verizon is close to buying the remaining stake in VerizonWireless from Vodafone it does not own for potentially $130billion, according to people familiar with the talks, in whatcould be the third-biggest deal of all time.

AT&T and Vodafone were not immediately available for commentoutside regular business hours.

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