Home Verizon seeks to buy Voda's Verizon Wireless stake - report
 

Keywords :   


Verizon seeks to buy Voda's Verizon Wireless stake - report

2013-03-06 09:44:00| Telecompaper Headlines

(Telecompaper) Verizon Communication is eager to buy out Vodafone's 45 percent stake in their US mobile joint venture Verizon Wireless this year, writes Bloomberg, citing people familiar with the situation. The two companies have discussed various options, including a full merger or Verizon taking full control of Vodafone's stake, estimated by analysts to be worth USD 115 billion. Two people familiar with the talks said negotiations as recent as December about a full merger broke down over disagreements on headquarter locations and leadership. This makes a partial sale or buyout of Vodafone's Verizon Wireless stake a more likely option. Talks on either a merger or stake sale are expected to restart this year, according to three of the people.

Tags: report buy wireless seeks

Category:Telecommunications

Latest from this category

All news

»
07.11Amino updates Android STB portfolio with Amigo 7Y launch
07.11Sainsbury's and M&S warn Budget may push up prices
07.11VIZIO reports Q3 2024 financial results
07.11NanoTech Materials Named to TIMEs List of the Best Inventions of 2024
07.11Farm Progress America, Nov. 7, 2024
07.11ORF and ORS extend contract with SES at 19.2° East
07.11Victory+ to monetize over 60 new FAST channels with Amagi
07.11Hurricane Rafael Graphics
More »