There’s no dial tone between Verizon and AT&T.
At least that’s the message that Verizon Communications delivered yesterday to beat back speculation that it was considering hooking up with its fiercest rival, AT&T, in order to reel in the UK’s Vodafone.
“[Verizon] does not . . . currently have any intention to merge with or make an offer for Vodafone Group, whether alone or in conjunction with others,” the telecom giant said in a statement released after the close of trading yesterday.
The statement came hours after a report by Alphaville, a Financial Times blog, that a complex deal involving AT&T and Verizon for Vodafone was in the works.
The two US companies would buy Vodaphone and then divvy up its assets — with Verizon keeping those in the US and AT&T grabbing the rest.
To be sure, Verizon reiterated that it still intended, at some point, to purchase Vodafone’s 45 percent stake in Verizon Wireless.
Verizon owns the remainder.
A Verizon spokesman declined to comment to The Post beyond the company’s statement.
Verizon has been hashing over a game plan to repurchase Vodafone’s shares in its wireless unit since 1999.
Speculation swirling around the deal yesterday lifted Verizon’s shares 0.6 percent to $49.50 — but shares of the New York company fell by about the same amount in after-hours trading after its statement.
Vodafone’s American depositary receipts rose by as much as 6.1 percent.
Even before Verizon’s statement, market players were skeptical about the deal.
One telecom M&A banker told The Post he believed that it was unlikely AT&T would join forces because such a deal may prove pricey.

