Verizon and Vodafone Enter $130 Billion Wireless Deal - Verizon - TopicsExpress

Verizon and Vodafone Enter $130 Billion Wireless Deal - Verizon Communications Inc. agreed to acquire Vodafone Group Plc’s 45% stake in Verizon Wireless in a $130 billion transaction that gives it full control of the most profitable U.S. mobile-phone carrier. The deal has been approved by both companies’ boards and is expected to be completed in the first quarter of 2014, according to a statement released Monday. Verizon will pay Vodafone $58.9 billion in c... htl.li/2zAGxi

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