Verizon in talks to buy Vodafone's stake in its wireless unit
August 30 , 2013
Vodafone has established that talks are in process to put up for sale to Verizon Communications its 45 % stake in Verizon Wireless. As per analysts, this deal could be worth about 125 billion dollars. Verizon has after this deal for a long time and this would rank them among the biggest purchases in history. With full ownership of its wireless business, they would be capable to shift from getting dividends to fully incorporate all its profit. They will have full control over that profit and what they want to do with it.