Given Verizon’s recent deal to purchase Vodafone’s 45% share in Verizon Wireless for $130 billion, market watchers are now anticipating that Vodafone could be a target for the likes of AT&T or another entity wanting to establish a presence in the European market. According to some analysts and investors, Vodafone is now a good size to be acquired by possible suitors, which include AT&T and Softbank. AT&T has been searching throughout Europe to find an acquisition target in order to gain entrance to the region and may be willing to pay upwards of £80 billion for Vodafone. Vodafone’s business spans the UK, Germany, India and Italy. Its subsidiary Vodacom, is one of the largest telecom companies in Africa.
By CWAN Global Press
The Canadian Wealth Advisors Network (CWAN) was established in March of 2009 as an online forum where investment professionals share ideas and best practices that allow them to meet the growing needs of their clients. As the CWAN community grew and evolved, it was expanded to serve both advisors and investors. Garnet O. Powell, MBA, CFA is the Editor-in-Chief of the Canadian Wealth Advisors Network (CWAN) magazine. He is an investment management professional with more than 20 years of experience. linkedin.com/in/garnetpowell