Verizon and AT&T Might Buy European Carrier Vodafone

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.

Contact Us for News Tips, Corrections and Feedback

Create a new thread in the US News comments forum about this subject
This thread is closed for comments
17 comments
    Your comment
  • amk-aka-Phantom
    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?
    4
  • Anonymous
    amk-aka-PhantomWho's the first?

    I think T-mobile
    -1
  • Alex Altu
    China Mobile
    3