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Verizon, Vodafone Reach $130 Billion Deal To Buy Wireless Unit Stake
2013-09-02 11:22:55| Telecom - Topix.net
Verizon Communications reached a $130 billion deal to buy out the 45 percent stake in Verizon Wireless it does not already own from Vodafone Group, The Wall Street Journal reported Sunday, saying an announcement could come as early as Monday.
Vodafone values Verizon Wireless stake at USD 130 bln
2013-09-02 08:37:00| Telecompaper Headlines
(Telecompaper) Vodafone has confirmed the price tag for its 45 percent stake in Verizon Wireless, at USD 130 billion. Responding to press speculation that a deal to sell the stake to Verizon Communications is imminent, the company said in a statement that the payment would be a mixture of Verizon shares and cash. People familiar with the matter told the Wall Street Journal that a deal could be announced as early as 02 September. Vodafone would pay about USD 5 billion in tax on the sale, while also receive Verizon's stake in Vodafone Italia, which is valued at about USD 5 billion as part of the payment, the Financial Times reported. The remaining USD 120 billion would be split equally between cash and equity in Verizon, according to the paper's sources.
Tags: values
wireless
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vodafone
Verizon nears $130 billion wireless deal, to finance about $65 billion: sources
2013-09-01 02:20:45| Telecom - Topix.net
Verizon Communications is near a $130 billion deal to buy out the 45 percent stake in Verizon Wireless it does not already own from Vodafone Group Plc and plans to raise about $65 billion to fund the purchase, people familiar with the matter said on Saturday.
Tags: finance
deal
sources
wireless
Verizon nears $130 billion wireless deal, to finance about $65 billion: sources
2013-09-01 02:12:12| IT Services - Topix.net
Verizon Communications is near a $130 billion deal to buy out the 45 percent stake in Verizon Wireless it does not already own from Vodafone Group Plc and plans to raise about $65 billion to fund the purchase, people familiar with the matter said on Saturday.
Tags: finance
deal
sources
wireless
Verizon Wireless Recognized as the Network Quality Leader in West...
2013-08-30 08:02:42| IT Services - Topix.net
WHO: Verizon Wireless, operator of the nation's largest 4G LTE network and largest, most reliable 3G network WHAT: Verizon Wireless ranked highest among all other national wireless providers in the West Region, which includes Nevada, and in the five other regions covering the rest of the continental U.S., in the J.D. Power 2013 Wireless Network ... (more)
Tags: quality
west
network
wireless
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