AT&T Inc Chief Executive Randall Stephenson met with several European officials last week to discuss the U.S. spying scandal, which is affecting the telecommunications company's business, he said on Tuesday. Some European reports had speculated that Stephenson's meetings in Europe were focused on AT&T ambitions to purchase Vodafone Group Plc.Stephenson failed to comment on mergers and acquisitions beyond a statement AT&T made on Monday that it did not intend to bid for Vodafone.But he commented on the effect on his company's business after former U.S. spy agency contractor Edward Snowden exposed widespread surveillance by the National Security Agency."We've had some business impacts from the NSA," he told investors during the company's quarterly earnings call. "Its affecting our ongoing business today irrespective of anything that might relate to M&A."
AT&T Inc. (AT&T) is a holding company and a provider of telecommunications services in the United States and worldwide. Shares of T traded higher by 0.57% or $0.19/share to $33.70. In the past year, the shares have traded as low as $33.09 and as high as $39.00. On average, 22555400 shares of T exchange hands on a given day and today's volume is recorded at 25498412.
Vodafone Group Plc (Vodafone) is a mobile communications company. Shares of VOD traded higher by 1.01% or $0.37/share to $37.17. In the past year, the shares have traded as low as $24.42 and as high as $39.44. On average, 9098630 shares of VOD exchange hands on a given day and today's volume is recorded at 12030850.
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