Vodafone sells Japanese operations, focus now on Verizon Wireless

Hill, Kelly
March 2006
RCR Wireless News;3/20/2006, Vol. 25 Issue 12, p1
Trade Publication
The article reports on the decision of European operator Vodafone Group PLC to sell its operations in Japan. Verizon Communications Inc. offered to purchase the stake of the operator in Verizon Wireless for $40 billion. According to Vodafone CEO Arun Sarin, the company has no plans to sell its stake. The 45 percent stake of Vodafone in Verizon is worth over $20 billion.


Related Articles

  • Sarin to bow out of Vodafone. Winter, Allie // RCR Wireless News;6/2/2008, Vol. 27 Issue 17, p6 

    The article reports on the retirement of Arun Sarin, chief executive of Vodafone Group PLC, and its effect on the group's contentious 45% stake in Verizon. During Sarin's tenure, Vodafone was presented with several put options in its agreement with majority stakeholder Verizon Communications...

  • Vodafone confirms $130bn Verizon sale.  // Computer Weekly;9/3/2013, p1 

    The article reports that the communications company Vodafone Group PLC has sold its stake in the communications company Verizon Wireless to its business partner Verizon Communications Inc. as of September 2013. Topics include the taxes that will be paid by Vodafone and Vodafone's business...

  • Vodafone sale could boost US presence.  // Utility Week;1/10/2003, Vol. 19 Issue 2, p6 

    Reveals that global mobile operator Vodafone may increase its presence in the U.S. with money gained from a sale of its stake in Verizon Wireless in January 2003. Information on the relations between Vodafone and Verizon Communications.

  • Verizon Reaches Agreement To Acquire Vodafone's 45 Percent Interest In Verizon Wireless For $130 Billio.  // 2.5G-4G;Aug2013, Vol. 12 Issue 8, p1 

    The article reports on an announcement by Verizon Communications Inc. regarding its definitive agreement with Vodafone Group PLC to acquire its U.S. group with the principal asset of 45 percent of Verizon Wireless. It is noted that Verizon will have 100 percent ownership of the industry-leading...

  • IN THE MARKETS. Elstein, Aaron // Crain's New York Business;9/9/2013, Vol. 29 Issue 37, p0004 

    The article focuses on an issue concerning the decision of Verizon Communications Inc., a broadband and telecommunications company in the U.S., to buy out the stake of telecommunications company Vodafone Group Plc in Verizon Wireless in 2013. It states that Verizon Communications has the...

  • lusacell under scrutiny with counter offer.  // RCR Wireless News;7/28/2003, Vol. 22 Issue 30, p15 

    Reports on the counter-offer of Fintech Advisory to acquire the stakes of Verizon Communications Inc. and Vodafone Group PLC from Grupo Iusacell SA. Value of the bid offered by Movil Access SA for Iasucell; Investments made by Verizon and Vodafone in Iasucell.

  • Vodafone shareholders set for £54bn payout in Verizon deal. Morris, Pamela // Fundweb;9/3/2013, p16 

    The article reports on the decision of Vodafone Group PLC to sell 45% of its stake at Verizon Wireless to Verizon Communications Inc. in 2013. According to Vodafone chairman Gerard Kleisterlee, the company's move is triggered by the attractive offer of Verizon Communications', which allow the...

  • Acquisition of Vodafone's Interest in Verizon Wireless Has Enhanced Verizon's Ability to Deliver Integrated Products and Solutions Across All Networks.  // 2.5G-4G;Feb2014, Vol. 13 Issue 2, p7 

    The article reports on the acquisition of Vodafone Group PLC's 45 percent minority interest in mobile telecommunications company Verizone Wireless by Verizon Communications Inc. on February 21, 2014. Topics discussed include the full ownership of Verizon's wireless asset according to Verizon...

  • Verizon Reaches Agreement To Acquire Vodafone's 45 Percent Interest In Verizon Wireless For $130 Billion.  // WiMAX Monthly Newsletter;Aug2013, Vol. 23 Issue 8, p5 

    The article reports on a definitive agreement of Verizon Communications Inc. with telecommunication company Vodafone Group PLC to acquire 45 percent interest of Vodafone in Cellco Partnership Inc., doing business as Verizon Wireless. It outlines the statement of Verizon chairman and chief...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics