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AT&T redux

21 December 2006

There is a rationale. Vodafone wants more emerging market exposure, and Hutchison Essar is a oneoff. CEO Arun Sarin has to try. But it will also be the embattled Vodafone boss first major deal. It is big. It will be expensive. If he does bid, Sarin cannot fluff it. But it will also be the embattled Vodafone boss first major deal. It is big. It will be expensive. If he goes ahead, Sarin cannot fluff it.

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