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Verizon says will not pay a premium for Vodafone stake - analyst
2013-05-03 12:11:10| Telecom - Topix.net
Verizon Communications would like to buy out Vodafone from their Wireless joint venture but will not do so at any cost, its chief executive has told JP Morgan analysts, In a note to clients, analyst Philip Cusick said Verizon boss Lowell McAdam had said he did not believe a premium would be required to buy Vodafone's 45 percent stake in the highly ... (more)
Tags: pay
premium
analyst
vodafone
Verizon says will not pay a premium for Vodafone stake - analyst
2013-05-03 12:05:07| IT Services - Topix.net
Verizon Communications would like to buy out Vodafone from their Wireless joint venture but will not do so at any cost, its chief executive has told JP Morgan analysts, In a note to clients, analyst Philip Cusick said Verizon boss Lowell McAdam had said he did not believe a premium would be required to buy Vodafone's 45 percent stake in the highly ... (more)
Tags: pay
premium
analyst
vodafone
Verizon pressures Vodafone with dividend threat - report
2013-05-03 11:26:00| Telecompaper Headlines
(Telecompaper) Verizon CEO Lowell McAdam said the operator's priority for cash is paying off debt coming due rather than pay-outs to shareholders. The comments, reported by the Wall Street Journal from an investor meeting, appear aimed at putting pressure on Vodafone to consider Verizon's proposal of selling its 45 percent stake in their joint venture Verizon Wireless. Specifically, McAdam said the priority for Verizon Wireless's cash flow will be to pay down the USD 5 billion in debt coming due by mid-2014 before making pay-outs to owners. The comments were reported in a note by JP Morgan Chase analyst Philip Cusick, who hosted the meeting 30 April, and confirmed by a person familiar with the matter to the paper. At the meeting with investors, McAdam said the company remains interested in buying Vodafone's stake in Verizon Wireless but doesn't believe a premium is warranted. The CEO also told investors that the company could look to international investments or acquisitions as another way to provide growth over the long term.
Tags: report
threat
pressures
vodafone
Samsung Galaxy Stratosphere II (Verizon Wireless)
2013-05-01 23:34:05| PC Magazine: New Product Reviews
The affordable Samsung Galaxy Stratosphere II is perfectly fine and will likely please keyboard lovers on Verizon, but it could have been a slam dunk.
Tags: wireless
samsung
galaxy
verizon
Apple, AT&T, and Verizon fall short in protecting your data
2013-05-01 17:16:58| InfoWorld: Top News
Every year the Electronic Frontier Foundation releases a report that looks at major Internet-related companies -- Internet service providers, companies with services in the cloud, and the like -- and asks a probing question: What doe
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