, Vodafone and Verizon are to start talks for U.S. Wireless Stake Sale
According to reports Vodafone Group and Verizon Communications are in advanced discussions about a sale of the holding for about $130 billion. Vodafone Group Plc (VOD) is in talks to sell its 45 percent stake in Verizon Wireless to U.S. partner Verizon Communications Inc. in what would be the biggest deal in more than a decade.
, Verizon 3Q profit grows boosted by wireless
Verizon Communications Inc., the second largest U.S. phone company, reported a 16 percent growth in quarterly profit driven by the strength of its wireless business. Verizon’s higher revenue in its wireless business was caused by a significant increase in contract wireless subscribers.
