Vodafone Offers $1.68 Billion for Cable & Wireless Worldwide
Vodafone has offered to acquire Cable & Wireless Worldwide (CWW) for £1.04 billion (US$1.68 billion), as it aims to strengthen its enterprise offerings and... full story
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Verizon: The Risk of a $100 Billion Deal
Filed under: Investing It's been a good week so far for U.S. stocks, but they opened lower today, with the S&P 500 down 0.10% at 10:10 a.m. EDT. (The narrower, price-weighted Dow Jones Industrial Average was up 0.24% at the same time.) That may have something to do with the fact that U.S. GDP growth in the first quarter of 2.5% (annualized) came in lower than...
dailyfinance.com (22 days ago)
Verizon denies talk of bid with AT&T for Vodafone
NEW YORK — Verizon Communications Inc. has denied a report that it's looking to partner with AT&T Inc. to buy Vodafone Group PLC, the British cellphone company that owns 45 percent of Verizon's wireless business.Verizon owns the 55 percent of Verizon Wireless that Vodafone doesn't own and has been openly interested for years in buying out Vodafone. But tax and pricing...
bostonherald.com (1 month and 14 days ago)
Verizon Wireless to pay parent companies $7 billion in cash
Verizon Wireless on Monday announced that it will pay its parent companies a $7 billion cash distribution in June. Verizon and Vodafone teamed up back in 2000 to create the joint venture Verizon Wireless, which has grown to become the largest wireless carrier in the United States with more than 115 million customers. Based on their respective stakes in the company, Verizon,...
yahoo.com (4 days ago)
Vodafone shares up on Verizon, AT&T bid report
NEW YORK — Verizon Communications Inc. has denied a report that it's looking to partner with AT&T Inc. to buy Vodafone Group PLC, the British cellphone company that owns 45 percent of Verizon's wireless business.Verizon owns the 55 percent of Verizon Wireless that Vodafone doesn't own and has been openly interested for years in buying out Vodafone. But tax and pricing...
bostonherald.com (1 month and 14 days ago)
Verizon Wireless to pay its parents $7 billion dividend
(Reuters) - Verizon Wireless, the biggest U.S. mobile service provider, said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June. The dividend comes amid mounting speculation Verizon could buy Vodafone's stake in the venture if they can agree on a price. Reuters reported on April 24 that Verizon was preparing a...
yahoo.com (4 days ago)
Verizon, AT&T to Make Joint Bid for Vodafone, Report Says
Filed under: AT&T, Verizon, Consumer Issues, Mobile Technology, Consumer ElectronicsCarl Court/AFP/Getty Images NEW YORK -- Verizon and AT&T are looking at making a joint bid for Vodafone, the British cellphone company that owns 45 percent of Verizon Wireless, a report says. New York-based Verizon Communications Inc. (VZ) owns the 55 percent of Verizon Wireless that...
dailyfinance.com (1 month and 14 days ago)
Exclusive: Verizon eyes $100 billion bid for Vodafone's Wireless stake
NEW YORK/LONDON (Reuters) - Verizon Communications has hired advisers to prepare a possible $100 billion cash and stock bid to take full control of Verizon Wireless from its partner Vodafone, two people familiar with the matter said.
reuters.com (23 days ago)
Vodafone Hires Bank for Possible Cable Bid
Vodafone moved closer to a possible 10 billion-euro bid for German cable operator Kabel Deutschland by hiring long-time banker Goldman Sachs to advise on options.
cnbc.com (2 months and 28 days ago)
Verizon Wireless to pay parents surprise $7 billion dividend
By Sinead Carew (Reuters) - Verizon Wireless, the biggest U.S. mobile service provider, said on Monday it would pay its parents Verizon Communications and Vodafone Group Plc a dividend of $7 billion in June, surprising some analysts who had not expected a big payout. The dividend comes amid mounting speculation Verizon could buy Vodafone's stake in the venture if they can...
yahoo.com (4 days ago)
Verizon Deal With Vodafone Could Be Worth More Than $130B, Would Create Largest U.S. Carrier
Verizon has stepped up the pressure and it now seems like a formal bid for Vodafone’s stake in their wireless joint venture is imminent, according to UBS. Such a deal could come at a price of between $130 and $137 billion, and would create the largest U.S. phone operator, leaving AT&T behind. To go ahead with the transaction, not only will Verizon’s chief executive...
forbes.com (18 days ago)
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