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Verizon and Vodafone Agree to $130 Billion Deal

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Sep 1, 2013, 1:40 PM   by Eric M. Zeman

Vodafone has agreed to sell its 45% stake in Verizon Wireless to Verizon Communications for $130 billion, according to The Wall Street Journal. The deal is not yet official, and must still be approved by the companies' boards of directors. That approval and an official announcement may come as soon as Monday, says the Journal. Vodafone's board planned to meet today to discuss the matter, and Verizon's board will convene once Vodafone's board comes to a decision. The deal will give Verizon Communications 100% control over Verizon Wireless, which has until now been a joint venture.


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Sep 1, 2013, 2:06 PM

It Finally Happened

This is why some guys are persistent. Eventually you'll wear her down and she'll say "Yes."

I wonder if Vodaphone will now buy Sprint or T-Mobile or rather take the money and run.
Sprint is spoken for by Softbank, At&t and T-Mobile would be the logical choice since they would have compatible network. If Deutsche Telekom really want's out of the US and Vodafone wants to stay in but want more control then T-Mobile would be a good...
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