Vodafone hanging on to Verizon

Another day, another story about Vodafone and Verizon Wireless. This time the news is that Vodafone has decided not to exercise its option to sell its $54 billion stake in the U.S. carrier. A formal announcement from Vodafone on its decision is expected later this week.

When it comes to Vodafone and its ownership stake in Verizon, the rumor mill has been in overdrive lately. Just last month rumors circulated that Vodafone was interested in buying out its partner Verizon (not just the wireless carrier) for some $160 billion.

For more on Vodafone's decision:
- see this Times Online article

Related articles:
Vodafone, DT face dilemmas in U.S. market. Article
Vodafone investor: Restructure 45% VZW stake. Article

Suggested Articles

According to Moore, the success to date of Xfinity Mobile and Spectrum Mobile is no fluke.

Ericsson announced commercial 5G launches with operator partners Chunghwa Telecom, MTN, and Telma.

The FCC and DoJ each released statements on Wednesday marking T-Mobile’s divestiture of Boost Mobile to Dish Network.