Analysis: AT&T keen on Europe, investors wary of merits

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    Anonymous

    Technology News

    The AT&T logo is pictured by its store in Carlsbad, CaliforniaBy Sinead Carew and Leila Abboud NEW YORK/BRUSSELS (Reuters) – AT&T Inc has been exploring a possible bid for a European carrier such as Vodafone Group Plc, but faces resistance from some investors concerned about the continent's cut-throat competition and complex regulations. AT&T Chief Executive Randall Stephenson has been talking up Europe, saying on Tuesday that he sees “a huge opportunity for somebody” to upgrade European networks and reap the kinds of profits from high-speed wireless services already seen in the United States. Telecoms bankers familiar with the matter say the No. 2 U.S. …


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