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Forums » Vodafone To Finally Sell Verizon Shares? » Verizon renamed vodafone?
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VZW won't change technology »
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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!"

TheOtherPete

join:2001-06-28
Boyds, MD

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%.

BosstonesOwn

join:2002-12-15
Everett, MA
clubs:
Yeah I did , I was to lazy to edit it afterwards.
Forums » Vodafone To Finally Sell Verizon Shares?VZW won't change technology »
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