Vodafone still won't sell Verizon Wireless stake

Not big surprise here: Vodafone CEO Arun Sarin told reporters that his company has no intention to sell Verizon Wireless to its partner, Verizon Communications. Verizon may have been in an advantageous position about a month ago, when investors were calling for Sarin to sell its stake in Verizon Wireless, but they seem placated by Vodafone's recent move to sell its Japanese arm to Softbank for $15 billion and giving a hefty chunk of that money to shareholders.

To read more about Vodafone's comments regarding Verizon Wireless:
-take a look at this piece from Dow Jones


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