AT&T could buy Europe's biggest mobile phone network (and Verizon's former minority owner)

If Bloomberg's sources are to be believed, the UK might need its own Paul Revere, riding from town-to-town and screaming "The Americans are coming!" Those persons familiar with the matter have claimed that AT&T is looking to buy Vodafone, Europe's biggest mobile network, to help bolster the company's growth and enjoy some of those lush Euro profits. According to the report, it's not the first time the two have eyed each other up, but the complexities of the deal have always stopped them reaching a conclusion. Of course, now that Vodafone is dis-entangling itself from Verizon, that may not be as much of an issue, but we're not sure how Big Red would feel if its deadliest rival suddenly teamed up with its former owner. That's why AT&T is also keeping an eye on EE, the UK's largest LTE network, as a spare just in case it can't fill its dance card with the one it really wants.