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Verizon to buy out Vodafone's stake in mobile unit for $130B

2013-09-03 03:31:35| InfoWorld: Top News

Verizon Communications has reached an agreement to buy Vodafone Group's 45 percent stake in its Verizon Wireless subsidiary for $130 billion. Under the deal, Verizon will take 100 percent ownership of the wireless unit, the largest mobile operator in the U.S.

Tags: buy mobile unit verizon

 

Moody's, S&P downgrade Verizon on Vodafone deal

2013-09-03 02:00:00| Total Telecom industry news

U.S. telco takes on $67 billion of new debt to fund $130 billion Verizon Wireless buy.

Tags: deal vodafone verizon downgrade

 
 

Verizon rules out Canada move

2013-09-03 02:00:00| Total Telecom industry news

CEO Lowell McAdam denies decision was influenced by $130 billion Vodafone deal.

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Vodafone to plough 3bn of Verizon cash into mobile networks

2013-09-03 02:00:00| Total Telecom industry news

CEO Vittorio Colao to spend money over three-year period.

Tags: mobile cash networks vodafone

 

Verizon buying Vodafone's wireless stake for $130 billion

2013-09-02 23:51:43| Wireless - Topix.net

Verizon will own its wireless business outright after agreeing to a $130 billion deal to buy the 45 percent stake of Verizon Wireless owned by British cellphone carrier Vodafone.

Tags: buying wireless billion verizon

 

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