AT&T would face “operational, business and credit risks”...
AT&T would face “operational, business and credit risks” if it buys Vodafone, Moody’s said in an email to investors Tuesday. Speculation that AT&T could be looking to buy Vodafone has increased in recent weeks. Such a deal would “be a…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
bet on timely EU regulatory reform,” even as Vodafone and other European carriers have encountered regulatory and economic hurdles. An AT&T-Vodafone deal “would be predicated upon its ability to export its U.S. business model to Europe and benefit from EU regulatory reforms -- no small task,” Moody’s said. If AT&T is able to buy the British telco for less than $120 billion, it would still be able to keep its A3 credit rating, Moody’s said.