AT&T reportedly considering expansion to Europe

AT&T logo (STOCK)

The Wall Street Journal is reporting today that AT&T is considering an expansion into the European market, as part of a potentially risky attempt to gain a competitive advantage overseas. Sources close to the company told the Journal that discussions about a possible acquisition of a European carrier are still in their nascent phase, and that a deal could be announced before the end of the year, if it happens at all.

Those in favor of a shift to Europe argue that AT&T would be able to quickly upgrade network technology and introduce more profitable pricing schemes, giving it more room for growth than it currently has in the US. European carriers have been slow to roll out 4G networks, and still largely rely on text and voice call fees, rather than the data-centric plans most US providers have introduced. The risk, however, is that AT&T would have to contend with a more competitive market, while operating within an entirely different set of industry regulations.

It's not clear if AT&T's executives have already entered discussions about acquiring a European carrier, but the Journal's sources say Dutch company Royal KPN NV and the UK's Everything Everywhere "are on AT&T's radar." The provider has also singled out Germany as a potential market, sources said.

The Verge
Log In Sign Up

Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.



Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.