AT&T and Vodafone could be eyeing Huawei's handset division, according to a story published Monday in the South China Morning Post.
The newspaper cited unnamed sources who said that phone companies AT&T and Vodafone had expressed interest in acquiring 50 percent of Huawei's handset division. Private equity firms Blackstone, TPG, and Kohlberg Kravis Roberts are also supposedly interested.
Huawei, based in China, is looking to spin off its mobile phone, laptop, wireless data-card, and home router businesses. Meanwhile, it will keep a 100 percent ownership in its network infrastructure business. The company doesn't … Read more