Wednesday, 30 May 2007

AT&T's new CEO is open to overseas acquisitions

(Reuters) - Chief Operating Officer Randall Stephenson, who will become CEO when Ed Whitacre retires on June 3, said AT&T already had what it needed to compete domestically, signaling that a major acquisition in the United States could be unlikely.




"Internationally there might be opportunistic opportunities over time that will enhance our international product set and capabilities," he told a Lehman Brothers conference.


Read more at Reuters.com Mergers News

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