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Vodafone Seeks Greater U.S. Presence

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Dec 23, 2002, 10:53 AM by (staff)

Vodafone Group PLC will put a high priority in the year ahead on bolstering its presence in the U.S, the mobile-phone operator's chairman told The Wall Street Journal. Vodafone dominates Europe and has substantial operations in Asia. In the U.S., however, it has only a 45% stake in Verizon Wireless. Vodafone may simply seek more effective ways to work with Verizon, but company officials don't rule out selling their stake in Verizon Wireless, and striking out on their own in the U.S.

Dow Jones via Yahoo! News »

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