Business Services Industry
Britain's Vodafone to Join in Bidding for AirTouch Communications.
Knight Ridder/Tribune Business News, January, 1999 by Evening Standard, London
Knight Ridder/Tribune Business News
Jan. 5 -- Vodafone is poised for an audacious move on American giant AirTouch that would see the British mobile phones company take on the international businesses of the West Coast cellular operator, analysts believe.
Fast-growing Vodafone is said to be ready to join forces with Bell Atlantic, which is in the throes of $45 billion (UKpound 27 billion) merger talks with AirTouch.
Vodafone and AirTouch held tentative merger talks themselves last year and the two are seen as ideal industry partners. In Europe they are members of rival bidding consortia for mobile phone licences. AirTouch also has attractive Asian operations.
Vodafone is thought to be less keen to enter the US market and may leave...
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