Vodafone sells Verizon Wireless stake and maybe opens door for AT&T tie-up: the implications for M2M
In September 2013 Vodafone sold its stake in Verizon Wireless for USD130 billion. This deal has the potential to send repercussions through the whole global mobile industry, both in terms of the impact on Vodafone, as well as further knock-on M&A activity that may occur. One piece of speculation that is not without merit is that AT&T might bid to acquire Vodafone. This Research Note looks specifically at the impact on the M2M sector of the Verizon deal and provides our view on the potential impact of AT&T acquiring Vodafone.
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