Vodafone confirms discussions with Verizon Communications Inc. regarding the disposal of Vodafone’s US group for $130 billion

02-9-2013 — /EuropaWire/ — Vodafone confirms that it is in advanced discussions with Verizon Communications Inc. regarding the disposal of Vodafone’s US group whose principal asset is its 45% interest in Verizon Wireless for US$130 billion. The consideration would substantially comprise a mixture of Verizon common stock and cash.

There is no certainty that an agreement will be reached. A further announcement will be made as soon as practicable.

For further information:

Vodafone Investor Relations
+44 (0) 7919 990230
www.vodafone.com/investor

 

Vodafone Group Media
+44 (0) 1635 664444
www.vodafone.com/media

EDITOR'S PICK:

EuropaWire PR Editors

Recent Posts

Lenzing Group Launches Young Scientist Award for Innovation in Fiber and Textile Industry

(IN BRIEF) The Lenzing Group announces the Lenzing Young Scientist Award at the Dornbirn Global…

9 hours ago

Josée Ouellet Named Grand Ambassador of Université de Sherbrooke by Alstom

(IN BRIEF) Josée Ouellet, Vice President of Services for Alstom in North America, has been…

9 hours ago