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AT&T CEO sees "huge opportunity" in Europe

Tue, 08th Oct 2013 13:55

BRUSSELS, Oct 8 (Reuters) - AT&T Inc Chief ExecutiveRandall Stephenson said on Tuesday that he sees a "hugeopportunity for somebody" in Europe to invest in mobilebroadband and reap the big profits already being generated fromsuch services in the United States.

Speaking at an industry conference held by ETNO, theEuropean telecoms lobby, Stephenson also counseled Europe to getits mobile spectrum policy right so as to spur much needednetwork investments.

"I continue to be fascinated and impressed by how slowmobile broadband is moving in Europe. So I think of this as ahuge opportunity for somebody," said Stephenson.

AT&T has been looking at opportunities to expand into Europesince the beginning of the year, and has considered optionsincluding pan-European player Vodafone and Britain'slargest mobile carrier EE , according tosector bankers.

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