Can AT & T absorb a giant like Telefónica?

AT & T entered 127.400 million dollars in 2012, and since the beginning of year repeated towards information that looks closely at the European market.

It is being the news of the day. AT & T giant American Telecom would have made an offer to buy Telefonica.

The sum that was the Edition in the El Mundo newspaper today spoke of 70 billion euros more 52 billion euros in debt absorption of the Spanish company.

As soon as the information has been known the competent authorities and the party involved have refused such proposals.

The Minister Soria has declared not to know the interests of the United States in the Spanish company. Telefónica has sent a statement to the National Commission of the stock market by denying any kind of interest from AT & T.

Reportedly holding the Spanish newspaper, the Executive of Mariano Rajoy would have exerted of retaining wall for which such offer is fraguase claiming that Telefónica is a strategic company for the interests of Spain.

You have carried out such an offer and have agreed to the operation, it would be the most important business movement of recent years. The most important in the history of Spain.

But can AT & T afford an acquisition of such weight?

The most important Telecom of United States he entered in 2012 a total of 127.400 million dollars (movement for the purchase of Telefonica would 93.000 million dollars). Only in the first three months of the year it reported consolidated 31,400 million revenues.

The giant has launched the largest United States 4 G network and is the leading provider of wireless, high speed internet and voice and cloud services.

The hypothetical acquisition of phone I would have allowed it to strengthen its presence in Latin America, market that is disputed with the Spanish teleco. The U.S. maintains a 9% stake in America Movil, important Mexican player of the phone with more than 230 million mobile subscribers.

The purchase had also favored the presence of the U.S. in the European market. As The Wall Street Journal, the CEO of AT & T, Randall Stephenson admitted recently that Europe was a complicated procurement market.

These statements made them shortly after rumours pointed to a possible agreement between AT & T and Verizon to launch a takeover bid for the British Vodafone.