Verizon denies talk of bid with AT&T for Vodafone

Apr 02, 2013 by Peter Svensson

Verizon is denying a report that it's looking to partner with AT&T to buy Vodafone, the British cellphone company that owns 45 percent of Verizon's wireless business.

The Financial Times said Tuesday that a joint bid of $245 billion would give Verizon Communications Inc. full control of Verizon Wireless, while AT&T Inc. would take over the rest of . Vodafone has widespread international interests, with operations in Britain, Spain, Portugal, Italy, Greece and India, among other countries.

In a statement Tuesday, Verizon said it continues to be interested in buying out Vodafone's stake in Wireless, but has no intention to bid for the entire company.

Explore further: Scientists twist radio beams to send data: Transmissions reach speeds of 32 gigabits per second

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Cox agrees to sell wireless spectrum to Verizon

Dec 16, 2011

(AP) -- Cable company Cox Communications on Friday said that it has agreed to sell some of its airwave licenses to Verizon Wireless for $315 million and will resell Verizon service in its stores.

Verizon reverses on $2 fee for one-time payments

Dec 30, 2011

(AP) -- After a customer backlash, Verizon Wireless on Friday dropped a plan to start charging $2 for every payment subscribers make over the phone or online with their credit or debit cards.

Vodafone Q3 revenue down 7.7 percent

Jul 20, 2012

(AP) — Vodafone Group PLC, Europe's largest mobile phone company, said Friday that revenue fell by 7.7 percent in the three months ending June 30 compared with a year earlier as gains in emerging markets were offset ...

Verizon Wireless to pay $25M for spurious fees

Oct 28, 2010

(AP) -- Verizon Wireless has agreed to pay $25 million to the U.S. government and at least $52.8 million in refunds to customers who inadvertently racked up data charges on their phones over the last three years, federal ...

Verizon to auction spectrum worth billions

Apr 18, 2012

Verizon Wireless on Wednesday said it will auction a parcel of radio frequencies, which could be worth billions of dollars in an industry scrambling to offer consumers more cellular broadband.

Recommended for you

Oculus unveils new prototype VR headset

Sep 20, 2014

Oculus has unveiled a new prototype of its virtual reality headset. However, the VR company still isn't ready to release a consumer edition.

Wireless sensor transmits tumor pressure

Sep 20, 2014

The interstitial pressure inside a tumor is often remarkably high compared to normal tissues and is thought to impede the delivery of chemotherapeutic agents as well as decrease the effectiveness of radiation ...

Tim Cook puts personal touch on iPhone 6 launch

Sep 20, 2014

Apple chief Tim Cook personally kicked off sales of the iPhone 6, joining in "selfies" and shaking hands with customers Friday outside the company's store near his Silicon Valley home.

Team improves solar-cell efficiency

Sep 19, 2014

New light has been shed on solar power generation using devices made with polymers, thanks to a collaboration between scientists in the University of Chicago's chemistry department, the Institute for Molecular ...

User comments : 0