| Verizon will not sell out to Vodafone Two Things.
(1) Verizon can't be bought over unless Verizon Board Of Directors agree to a buyout. Companies the size of Verizon have "nasty poison pills" to fend off hostile takeovers and as such can't really be taken over unless they want to be taken over. I am 100% certain that Verizon wants to remain an independent company and does not want to be taken over.
(2) Verizon Wireless is very profitable. VW added 1.7 million new customers in the first quarter of this year while seeing a 10% drop in churn from a year ago. If anything I would guess Verizon wants to buy out Vodafone 45% stake in Verizon Wireless. Vodafone is probably using reverse psychology by saying Verizon's share of VW is worth 80 billion dollars US meaning.....give us (Vodafone) 80 billion and you can have our 45% stake. |
