Forbes -
29 Apr 2013 20:26

Verizon has stepped up the pressure and it now seems like a formal bid for Vodafone's stake in their wireless joint venture is imminent, according to UBS. Such a deal could come at a price of between $130 and $137 billion, and would create the largest U.S. phone operator, leaving AT&T behind. To go ahead with the transaction, not only will Verizon's chief executive Lowell McAdam have to convince his British counterparts at Vodafone to sell for less than they want to, but he will also have to rai...
Share this Article