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Verizon Asks Vodafone To Sell Back Stake

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Top message:  Monkey See Money Do by sangyup81   Mar 12, 2006, 4:28 PM

Replying to:  Re: Monkey See Money Do by barryefau   Mar 12, 2006, 8:06 PM

Re: Monkey See Money Do

by stufried    Mar 15, 2006, 12:33 AM

The U.S. phone market is not focused on international. Verizon as a CDMA carrier is probably not positioned to fight GSM carriers head-to-head in this area. Verizon has released a small amount of Dual Mode phones that handle the European GSM networks and has offered a roaming plan for its international travelers. Like everyone else in town, they charge way too much, but most of these travellers are corporate types who just expense it anyway.

Verizon wants a strategic relationship with a pan-European carrier, but it doesn't want to own one. Vodafone, T-Mobile, and Orange are pulling back on their investments there and the European Commission is riding them about high roaming rates.

I'm no expert, but I think Verizon only wants to have a toe in that pound, it doesn't want to jump off the high dive into it.

Stu

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