Bob Varettoni News
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Vodafone Group Plc’s investors have ideas for the $100 billion or more that the company stands to pocket for its stake in Verizon Wireless: first, a fat dividend -- then, deals.
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Vodafone Group Plc may reap $100 billion from its investment in U.S. mobile-phone venture Verizon Wireless and the U.K. government probably won’t get a penny thanks to an automatic exemption.
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Verizon Communications Inc. has been briefing analysts on how much it would be willing to pay for Vodafone Plc’s stake in their wireless venture, increasing pressure on the U.K. company to return to the negotiating table, people familiar with the matter said.
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Vodafone Group Plc, the second- largest wireless service provider, isn’t relying on cash from its stake in Verizon Wireless to pay its dividend as it navigates its way out of a European recession.
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Vodafone Group Plc, the second- largest wireless service provider, isn’t relying on cash from its stake in Verizon Wireless to pay its dividend as it navigates its way out of a European recession.
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Bloomberg BNA
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Verizon Communications Inc. and AT&T Inc. ’s move to change the way they account for pension costs may increase the volatility of earnings if the economy hits another recession, accountants say.
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Verizon Communications Inc. is working to resolve its relationship with Vodafone Group Plc this year, having weighed options that range from ending its wireless venture with its European ally to a full merger of the two phone companies, said people familiar with the situation.
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Verizon Communications Inc.’s effort to resolve its relationship with Vodafone Group Plc, potentially ending their wireless joint venture, would put it on a path to full ownership of the most profitable and fastest-growing major wireless carrier in the U.S.
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Verizon Communications Inc. , the second-largest U.S. phone company, will report a “significant” charge this quarter as employees take buyouts and leave the company.
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