Verizon and AT&T Might Buy European Carrier Vodafone
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.
Who's the first?
I think T-mobile
Get ready to be quarter and dollar'ed to death.
- illuminati
Keep your crap where it belongs.
Did a double take on the date, not written on the 1st but you could have fooled me.
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.
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.