AT&T backs out of bid for Vodafone - AT&T Inc. has dropped its bid - TopicsExpress

AT&T backs out of bid for Vodafone - AT&T Inc. has dropped its bid for Britain’s Vodafone after a British takeover watchdog asked the company to clarify its position on a potential merger, Reuters reports. Dallas-based AT&T, the second largest U.S. mobile operator, had reportedly been exploring a takeover of Vodafone Group Plc that would have made it the world’s largest telecommunications operator by sales. AT&T Chief Executive Officer Randall Stephenson met European... ow.ly/2Dkp0f

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