AT&T eyes a mobile revolution in Europe

With political deadlock in Italy triggering fresh concerns about the eurozone economies, few chief executives would consider Europe a growth opportunity just waiting to be seized. Not so Randall Stephenson, chief executive of AT&T, the biggest US telecoms operator, who told the Financial Times that he anticipates a “mobile internet revolution” in Europe, which has lagged behind the US in adopting faster mobile internet technologies.

“I’m more convinced than ever that the US model, in spite of a lot of concerns about the regulatory climate and spectrum policy, will be replicated here,” Stephenson said at the Mobile World Congress trade show in Barcelona. “The mobile internet revolution will take off to the same extent that it has in the US and, if you believe that, and I do, then [the question is]: how can you participate?”