Verizon CEO: Global Expansion and Possibly the iPhone in Its Future
Speaking in an interview, Verizon Communication's CEO Ivan Seidenberg said the company believes it is on solid footing in the U.S., and will begin to evaluate growing its business outside of the U.S. It will mostly pursue deals that improve its enterprise-level business, and Seidenberg said that the company is not interested in getting into the wireless retail business in other countries. He also noted that while Verizon Communications would like to own 100% of Verizon Wireless, it is unlikely that it will buy out partner Vodafone. Seidenberg also said that he believes Apple will be more willing to work with Verizon in the future on an LTE-equipped version of the iPhone. According to Seidenberg, Apple never considered building a CDMA version of the iPhone due to CDMA's more limited distribution footprint.
HTC One A9: First Phone To Work on Verizon Without CDMA
HTC will sell an unlocked version of its new One A9 that can be used on Verizon's LTE network, even though the phone lacks the legacy CDMA technology found in all other Verizon phones to date. That makes the One A9 the first phone announced for use with Verizon in LTE-only mode.
Verizon to Buy AOL for $4.4 billion
Verizon Communications today revealed plans to buy AOL for $4.4 billion. In a memo to employees, AOL CEO Tim Armstrong said the deal will strengthen both companies' push into mobile and video content.
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.
Verizon to Buy Yahoo's Internet Business for $4.8B
Verizon Communications today said that it has agreed to buy Yahoo's core internet and search businesses for $4.83 billion. Yahoo's properties will join AOL under Verizon's ownership, to be managed by Marni Walden, EVP and President of the Product Innovation and New Businesses organization at Verizon.
Verizon Picks Up XO's Fiber Network to Beef Up Backhaul
Verizon Communications today said it has agreed to acquire XO Communications' fiber business for $1.8 billion. The deal, says Verizon, will help it serve its enterprise and wholesale customers, as well as allow Verizon to further densify its cellular network.
WELL IT'S ABOUT TIME~
I thought Apple made the iPhone for VZW first and VZW turned it down, then went to AT&T with it.
Jim Gerace, Vice President - Corporate Commu...
Verizon should buy Vodafone
Also, I don't understand why you want the US to have a presence in European communication. It makes sense for the UK, since they're part of Europe. Plus...