Verizon Communications Wants To Buy Out Vodafone’s Verizon Wireless Stake
Verizon Communications (NYSE: VZ) wants to take full control of Verizon Wireless and buy out the 45 percent stake Vodafone (NYSE: VOD) owns in the network operator. Verizon chief executive Ivan Seidenberg told the Financial Times in an interview, “Would I like to have 100 percent of the earnings given we’re doing 100 percent of the work? Yeah, I would.
don't think buying alltel was such a good thing….time will tell
would like to see verizon take total control of wireless, but at what cost? how much dept would vz incur? tough times ahead.