Verizon Communications Inc. made an offer to buy Wind Mobile as a means of reentering the Canadian market to boost its growth prospects.
Tags: Verizon wireless
Judge approves cable corporations' plan to sell spectrum
A judge approved the foremost cable systems' plan to sell their spectrum to Verizon Wireless and cross sell their individual wireless and cable plans.
Russia's Vimpelcom hires Verizon Wireless' former finance chief
Russia's Vimpelcom hired Verizon Wireless'former finance chief to help it in reducing its US$23 billion debt.
Vodafone chair to seriously consider offer Verizon buy out
The chairman of Vodafone said that he will seriously consider Verizon's offers for a buy out for as long as it gives value for its shareholders.
Verizon launches installment plans for cellphones
Verizon Wireless was scheduled to introduce its installment plans to its customers on August 25. On Thursday, Verizon Wireless stated that it would join AT&T and T-Mobile in making installment plans for its available phones.
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Verizon Wireless announces a US$7 billion dividend by June,. The largest US mobile service provider, Verizon Wireless, announced Monday that it would be paying its parent firms Verizon Communications and Vodafone Group Plc dividends totalling US$7 billion in June of this year.
Verizon CEO said that it would not pay premium for buyout of Vodafone in its joint venture. According to Verizon Communications CEO Lowell McAdam it would like to buy out its joint venture partner Vodafone but will not do so at any cost.
The capital gains tax bill would be one of the issues in the buyout bid, should it happen, of Verizon for Vodafone in Verizon Wireless.
Vodafone shareholders, should the US$100 million bid be offered, wants to either merge with Verizon Communications.
Verizon Communications has hired banking and legal advisers in preparation for a possible US$100 billion bid for Vodafone Group shares in their joint venture.
In a Financial Times report, AT&T and Verizon are said to be joining forces to make a bid for Vodafone shares in Verizon Wireless.
Verizon on Tuesday posted weaker-than-expected wireless operating profit margin due to hefty costs from the sale of smartphones like Apple's iPhone
