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smajchrz

join:2003-10-11
Chantilly, VA

reply to keith2468

Re: Boycott Vodafone, SuperPages, Yellow Pages, t

While I have no desire to defend Verizon, your statement that Vodafone is a parent company to Verizon is incorrect. It is a joint investor and minority owner of Verizon Wireless. Verizon Communications owns 55 percent of Verizon Wireless while Vodafone owns 45 percent.

»investor.verizon.com/profile/his···001.html


keith2468
Premium,MVM
join:2001-02-03
Winnipeg, MB

I don't know that much about corportate governance.

What is the difference between being one of 2 companies owning a third company, with 45% of the stock, and being "a parent company"?



smajchrz

join:2003-10-11
Chantilly, VA

A parent company would have ownership of the stated company. Think GM and Pontiac, where GM is the parent.


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