Some analysts say it's better for Verizon to sit tight rather than try to mimic AT&T's buying spree because it already has all of the ingredients to effectively compete against the new AT&T. Acquiring Vodafone's 45-percent stake in Verizon Wireless for about $40 billion or more could frighten credit agencies and investors who already wring their hands over the cost of Verizon's plan to extend fiber optic cables to 6 million homes by the end of 2006 and digest long-distance carrier MCI, which Verizon purchased earlier this year for $8.5 billion.
To read more about what some analysts think Verizon should do:
- check out this article from The New York Times