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Verizon and AT&T Might Buy European Carrier Vodafone

By - Source: Phone Arena | B 17 comments

Verizon and AT&T might be joining forces to buy Vodafone for $245 billion.

The Financial Times has said that Verizon and AT&T are collectively preparing to purchase the European carrier Vodafone for approximately $245 billion. This equates to the two companies offering $3.93 per share that Vodafone has, meaning a 40 percent increase on their current value.

The three carriers are ranked by Wireless Intelligence as the second, third and fourth largest carriers in the world: Verizon, Vodafone and AT&T, respectively. While the deal is reported to give Verizon a 45 percent stake in the company, AT&T would be getting the operations outside of the United States, which equals Vodafone's majority customer base out of the 403 million subscribers globally.

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  • 4 Hide
    amk-aka-Phantom , April 6, 2013 3:13 AM
    Quote:
    The three carriers are ranked by Wireless Intelligence as the second, third and fourth largest carriers in the world: Verizon, Vodafone and AT&T, respectively.


    Who's the first?
  • -1 Hide
    athulajp , April 6, 2013 3:29 AM
    amk-aka-PhantomWho's the first?

    I think T-mobile
  • 3 Hide
    Alex Altu , April 6, 2013 3:33 AM
    China Mobile
  • Display all 17 comments.
  • 1 Hide
    Myclevername , April 6, 2013 4:58 AM
    China Mobile is the biggest on a subscriber count.
  • 5 Hide
    Prodigal Rebel , April 6, 2013 5:42 AM
    I hope this is a hoax... I am a VF subscriber and honestly I do not want VF lower its customer service standards to those of AT&T nor hand my money to a telecom provider who is a happy bedfellow of Apple.
  • 6 Hide
    A Bad Day , April 6, 2013 6:23 AM
    Because Oligarchies makes everyone but the general public happy...

    Get ready to be quarter and dollar'ed to death.
  • 1 Hide
    acadia11 , April 6, 2013 8:12 AM
    The new world order is coming along nicely.

    - illuminati
  • 3 Hide
    Onihikage , April 6, 2013 8:49 AM
    In response, I hope Ting can expand its operations all over the world.
  • 0 Hide
    makaveli316 , April 6, 2013 3:13 PM
    I hope those fukkkers don't put a foot on European soil.
    Keep your crap where it belongs.
  • 0 Hide
    tobalaz , April 6, 2013 3:40 PM
    If AT&T is going to be running it, there's going to be 403m pissed off users looking to change providers pretty soon!
    Did a double take on the date, not written on the 1st but you could have fooled me.
  • 1 Hide
    opmopadop , April 6, 2013 3:56 PM
    http://www.vodafail.com/

    I can't see how they could make Vodafone any worse, I say shut the whole crappy company down and scrap it. If anything $245 Billion seems like too much, put in a bid of $8 so the CEO can buy a coffee and paper on the way out. As for how they got ranked so high, my guess is someone was paid off.
  • 0 Hide
    William Schweder , April 6, 2013 8:26 PM
    How would this even work Vodafone owns 45% of Verizon right now so Verizon is going to buy back 45% of itself and then but the company owning those shares and then split it with AT&T? I'd call this BS or market manipulation for stupid people
  • 2 Hide
    pliskin1 , April 6, 2013 10:02 PM
    They have 245 billion to toss around, but still charge us obnoxious amounts for data...i'll keep my dumbphone a little longer thank you.
  • 1 Hide
    fordry06 , April 7, 2013 12:30 AM
    William SchwederHow would this even work Vodafone owns 45% of Verizon right now so Verizon is going to buy back 45% of itself and then but the company owning those shares and then split it with AT&T? I'd call this BS or market manipulation for stupid people


    Vodafone owns 45% of Verizon Wireless while Verizon owns the other 55%. Verizon itself is not owned by Vodafone. So Verizon and ATT would be the companies doing this. So VZW would become completely owned by Verizon in this case.
  • 2 Hide
    olaf , April 7, 2013 1:20 AM
    Americans kindly keep your crappy carriers home and out of Europe.
  • 2 Hide
    nebun , April 7, 2013 2:39 AM
    phuck all these cell phone companies
  • -1 Hide
    alextheblue , April 7, 2013 7:18 PM
    olafAmericans kindly keep your crappy carriers home and out of Europe.
    Because Vodafone is so epic?