Verizon will pay $130 billion for Vodafone's stake in joint venture

By Shawn Knight
Sep 2, 2013
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  1. Verizon Communications and Vodafone Group have reportedly agreed to a deal that will see Verizon purchase the remaining 45 percent stake in Verizon Wireless that it doesn’t already own from Vodafone Group for $130 billion. An official announcement could come...

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  2. misor

    misor TS Maniac Posts: 1,039   +159

    Wow, nice 'cash movement'. I wonder why Verizon decided to terminate the consortium.
  3. Ranger1st

    Ranger1st TS Enthusiast Posts: 288   +79

    Vodafone will then turn around and invest 1/10th of the buyout in becoming the 4th player in Canadian telecom/wireless, circumventing Verizon's waffling for the last year
  4. BackwoodsNC

    BackwoodsNC TS Rookie

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