Mobile phone trading lift FTSE

Vodafone rose 1% to 133.5p. According to the Wall Street Journal, the mobile-phone company is preparing to offer about $12.50 a share, or $34bn in total, for AT&T Wireless Services Inc. MMO2 Plc, the U.K.'s fourth-largest mobile-phone operator, climbed 1.5p to 90.5p after an analyst at J.P. Morgan Chase & Co. increased his recommendation on the mobile-phone operator’s shares to “overweight” from “neutral”. Rolls-Royce jumped 7.25p to 220.25p after the company, which makes aircraft-engines, reported that 2003 net income rose to £116m from £53m a year earlier. BAE Systems added 1.6% ...