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>> MOODY'S Latest News

OCT 15, 2013 - TheStreet

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Moody's Says AT&T Could Maintain Credit Rating in $120B Vodafone Deal

NEW YORKTheStreet -- Ratings agency Moody's said on Tuesday AT&T  could maintain its A3 debt rating if it chose to pursue an acquisition of European telecom giant Vodafone , in a deal that is speculated to possibly reach $120 billion.Moody's ratings guidance comes on the heels of Verizon's planned $130 billion acquisition of Vodafone's 45% stake in Verizon Wireless, a U.S.-based joint venture created in 2000, and indicates that merger and acquisition in the telecom sector could remain active even after a fast pace of deals in the past 12-months.AT&T could buy Vodafone and keep ... Read More

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