Vodafone Stock Rises On SoftBank Speculation

By | April 7, 2014

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U.S. shares of Vodafone (VOD) were up 1% in early trading Monday on speculation Japan-based SoftBank will bid for the U.K.-based wireless phone company. SoftBank’s stock fell 4.5% on Tokyo’s stock exchange on Monday. AT&T’s (T)stock, meanwhile, has gained since it began talking down possible acquisition of Vodafone in early March. Some analysts have speculated AT&T is still interested in acquiring the U.K.-based wireless carrier but is first Scalper1 News

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