Deadline Looms For Vodafone Stock Decision
Jun 22, 2007, 11:45 AM by (staff)
Vodafone shareholders could convince the European carrier to sell some of its stock in Verizon Wireless. When it joined with Verizon to form Verizon Wireless, Vodafone was given until August 9, 2007 to sell up to $10 billion of stock in the venture. At current value, that would be approximately 7% of the company, leaving Vodafone with a 38% stake. Previously there have been rumors that Vodafone was looking to sell its entire stake back to Verizon, however the company has stated it is not ready to sell any time soon.
Verizon Shares More HTC 10 Launch Details
Verizon Wireless says it will be the first U.S. carrier to stock the HTC 10 in retail stores, beginning May 5.
Motorola Moto E4 Plus Goes On Sale Aug. 3 for $180
Motorola today said the Moto E4 Plus, which it announced in June, will reach various sales channels later this week. The unlocked variant will be available from Amazon, Best Buy, B&H, Fry's, Newegg, and Motorola.com starting August 3 for $180.
Verizon to Sell Landline Biz to Frontier for $10 Billion
Verizon Communications today confirmed plans to sell part of its wireline telephone and internet business to Frontier Communications for $10 billion. The deal covers Verizon's consumer and business assets in California, Florida, and Texas.
Verizon Closer to $10B Asset Sale to Pay Down Debt
Verizon Communications has lined up several deals that will earn it up to $10 billion, reports the Wall Street Journal. The company took on a massive amount of debt to buy Vodafone's portion of Verizon Wireless last year.
Tough decision for Voda.
Verizon Wireless is not publicly traded, however, they do give stock options to employees. In early 2003 they were valued around ...
Good! Hopefully some changes!
VZ is the one who locks you down in contracts and forces manufacturers to use their tandy applications