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Comments on news posted 2007-06-25 12:21:55: User CurGeorge8 writes in:"As part of its agreement with Verizon Communications in 2000 when it joined up to form Verizon Wireless, Vodafone has until August 9th to exercise an option that would allow them to sell about $10 billion of its share in VZ.. ..

page: 1 · 2
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BPLSUCKS

join:2006-04-26
Grand Ledge, MI
Verizon renamed vodafone?

If vodafone buys out verizon does that mean a switch to GSM and rebranding like AT&T did with cingular?


odreian615

join:2006-01-18
Chicago, IL
WOW

"VZW, now estimated between $60-$70 Billion. With all of the resources being devoted to the FiOS rollout, you have to wonder where they would come up with that kind of cash."

ATT for the super merger in 2012

BosstonesOwn

join:2002-12-15
Everett, MA
clubs:
·Comcast

reply to BPLSUCKS
Re: Verizon renamed vodafone?

No you misread it.

Verizon Wireless , is owned by VZ and Vodaphone. 62% and 38%.

I said this would happen a year or so ago. VZ will purchase as much of VZW as possible. As long as they remain separate entities VZ can hold VZW and use VZW profits to pad their bottom line while rolling out FIOS.

Beautiful play by Ivan if they get the ok. Truly a smart man.
--
"It's always funny until someone gets hurt......and then it's absolutely friggin' hysterical!"


DaveNJ
No Fear

join:1999-09-01
New Jersey
·Comcast
·Patriot Media

reply to BPLSUCKS
said by BPLSUCKS See Profile :

If vodafone buys out verizon does that mean a switch to GSM and rebranding like AT&T did with cingular?
I wish Vodaphone would buy out verizon, unfortunately its going in the other direction. Verizon needs to join the gsm/wcdma bandwagon.

TheOtherPete

join:2001-06-28
Boyds, MD

reply to BosstonesOwn
said by BosstonesOwn See Profile :

No you misread it.

Verizon Wireless , is owned by VZ and Vodaphone. 62% and 38%.
As did you - 38% is the ownership that Vodaphone *would* still have if they sold off $10 billion of VZW to VZ.

According to the article, currently VZ has a 55% stake in VZW; that means Vodaphone currently owns 45%.


Jwobot

join:2002-08-14
Sterling Heights, MI
reply to DaveNJ
Yeah I wish that also.


MarkyD
Premium
join:2002-08-20
Oklahoma City, OK
clubs:
·Cox HSI

reply to odreian615
Re: WOW

said by odreian615 See Profile :

"VZW, now estimated between $60-$70 Billion. With all of the resources being devoted to the FiOS rollout, you have to wonder where they would come up with that kind of cash."

ATT for the super merger in 2012
please God no. Everything ATT touches turns to "mediocre"
--
-Put this in your profile if you know someone who is fighting, has survived, or died from ninja attacks.

Surfinusa
Premium
join:2001-02-08
reply to BPLSUCKS
Were will they come up with the money?

Bonds sell bonds Barry bonds


Fox McCloud
Crazy like a fox.

join:2006-07-23
·Embarq
·Sprint Mobile Broa..

reply to MarkyD
Re: WOW

said by MarkyD See Profile :

said by odreian615 See Profile :

"VZW, now estimated between $60-$70 Billion. With all of the resources being devoted to the FiOS rollout, you have to wonder where they would come up with that kind of cash."

ATT for the super merger in 2012
please God no. Everything ATT touches turns to "mediocre"
It wouldn't surprise me; if everything is AT&T, it makes things that much easier to monitor.

Either way, I have a feeling AT&T will buy out Qwest before they buy out Verizon.....

Now, if that happens, it would be AT&T vs Embarq vs Independents....

datwell1

join:2002-01-08
Falls Church, VA
reply to MarkyD
"mediocre" is a very generous term for the performance of AT&T's management!

--Doug

tmc8080

join:2004-04-24
Floral Park, NY

buying back a wireless soul

Verizon will pay a pretty penny to get its money maker back from the devil vodafone. The longer it takes, the more expensive it will get. Notice telcom stock values are pretty high lately.. One wonders why they didn't make the deal work after they sold Puerto Rico. Now interest rates will push higher and they will almost certainly have to dip into the FIOS fund to make it work. Then, BAM! Cable companies pounce with Docsis 3.0 and they've humped themselves! Not even an Iphone would save them then,


partysource

join:2000-11-25
Phoenix, AZ
·Cox HSI
·DIRECTV
·BBTelSys VOIP

Thats Right...Lets keep it Verizon Wireless! ATT is horrible

Do you people really think AT&T will purchase Verizon Wireless? Their is no way! AT&T wouldn't and couldn't afford them! Verizon and VZW make very smart business decisions. Will the best wireless network I am surprised VZW didn't buy Alltel! FIOS is pretty much future proof for all data needs. I have been using VZW for about 3 years now and no problems. No dropped calls...unlike AT&T

BosstonesOwn

join:2002-12-15
Everett, MA
clubs:
reply to TheOtherPete
Re: Verizon renamed vodafone?

Yeah I did , I was to lazy to edit it afterwards.

BosstonesOwn

join:2002-12-15
Everett, MA
clubs:
·Comcast

reply to DaveNJ
not me im more then happy with my cdma phones thank you very much.

GSM while being a world standard is starting to show it's age. They are simply selling to many phones using gsm and queueing up on the towers to connect is getting horrendous in most metro areas.
--
"It's always funny until someone gets hurt......and then it's absolutely friggin' hysterical!"

BosstonesOwn

join:2002-12-15
Everett, MA
clubs:
·Comcast

reply to Fox McCloud
Re: WOW

I think the opposite. Verizon has the absolute wrap sheet to blow cash compared to at&t.

They will slow fios roll outs and slowly buy independents in areas that are densely populated. Then maybe make a bid on qwest , who probably won't sell out to at&t.
--
"It's always funny until someone gets hurt......and then it's absolutely friggin' hysterical!"

VikingStorm

join:2002-06-25
Omaha, NE
reply to BPLSUCKS
Re: Verizon renamed vodafone?

I don't get the repeated mention of Verizon switching to GSM if bought. What exactly would someone be buying if they had to get rid of VZ's entire CDMA network? Just the customers?


n2jtx

join:2001-01-13
Glen Head, NY
·Optimum Online

reply to BosstonesOwn
said by BosstonesOwn See Profile :

not me im more then happy with my cdma phones thank you very much.

GSM while being a world standard is starting to show it's age. They are simply selling to many phones using gsm and queueing up on the towers to connect is getting horrendous in most metro areas.
Of course the flip side of that is that CDMA can degrade to the point where you are paying for the call but it is unintelligable. WCDMA, when/if it rolls outs based on resolution of the Qualcomm/Broadcom dispute, will put the two technologies in the same ballpark. It will probably take 4G to finally unify under one technology.


DaveNJ
No Fear

join:1999-09-01
New Jersey
·Comcast
·Patriot Media


1 edit
reply to VikingStorm
said by VikingStorm See Profile :

I don't get the repeated mention of Verizon switching to GSM if bought. What exactly would someone be buying if they had to get rid of VZ's entire CDMA network? Just the customers?
Verizon regardless of cdma, has to move to newer technology GSM forced operators to move to a MAP core based system, which supports all types of new technology. Verizon still uses an ANSI core. Either way Verizon is going to have to move to a more modern internal network.

If Verizon did switch, they would support both networks until the conversion was complete. Telstra in Australia is doing the exact thing. Converting from Cdma to Gsm/wcdma/3gsm.
--
Go courageously to do whatever you are called to do. fear nothing. - St. Francis de Sales


ricep5
Premium
join:2000-08-07
Jacksonville, FL
·AT&T Southeast
·AT&T CallVantage
·VoicePulse
·Comcast Formerly ..

Bonds backed by revenue

This would work and FiOS would have no impact on the deal at all.

Bonds (debt) sold to Verizon to purchase the VZW share from Vodaphone would be based on the idea of revenue from the increased ownership going to pay off the bonds.

Since that revenue would have typically gone to Vodaphone shareholders (or execs as bonuses) this would be a short term break even for Verizon and a long term bonanza. The operational cost structure of VZW would be unchanged under the deal since nothing would change operationally.

If anything, exec bonuses for VZW would probably go up due to improved bookkeeping of the complete entity over the separate one today.
Forums » Vodafone To Finally Sell Verizon Shares?page: 1 · 2


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