elsewhere: investment-grade spreads of 125 bps; HY spreads of 400 bps; mega M&A [ VZ borrowed a record $49 billion to get the full ownership of Verizon Wireless from VOD ]; auto makers/dealers offering cut-rate incentives again; institutional
Verizon ( VZ ) has signed off on a buyback program ..... arriving two weeks after the Vodafone/ Verizon Wireless deal officially closed , is in theory ..... keeping its options open as it made giant Verizon Wireless dividend payments to Vodafone. The
Vodafone ( VOD ) is now much smaller and more focused, following the completion of the sale of its 45% stake in Verizon Wireless . The sale of its US wireless joint venture represents Vodafone's last major divestment since the company abandoned
would need to be in the €7B-€8B range to win board approval. Vodafone appears intent on using some of its Verizon Wireless cash to grow its European wireline reach. AT&T isn't pleased . Post your comment!
past twelve months, shares of Verizon ( VZ ) are little changed (see chart below ..... telecommunications, I do not believe VZ is a value trap. In fact, it is a good ..... this year, Verizon only owned 55% of Verizon Wireless with Vodafone ( VOD ) owning the other
Vodafone has sold its stake in Verizon Wireless and distributed about 71% of ..... Halford was previously CFO of Verizon Wireless , which he helped lead to the ..... the end of March, after the Verizon Wireless deal is completed. His replacement
While Sprint has struggled, Verizon Wireless and AT&T have benefited at ..... will take time. AT&T and Verizon Wireless have pushed forward with the ..... than the levels that AT&T and Verizon Wireless enjoy. Our capital spending
Morgan Stanley has resumed coverage on Verizon ( VZ +2.8% ) with an Overweight and $52 PT, and JPMorgan has added the ..... Vodafone's 1.27B-share distribution following the closing of the Verizon Wireless deal. 1 comment!
grow its cable assets via M&A, and would prefer the company focus on mobile. Vodafone, which just closed the Verizon Wireless deal, has been eying European wireline carriers as part of an effort to offer an end-to-end suite of telecom
Feb 24 (Reuters) - Verizon Communications Inc said it was targeting a higher adjusted EBITDA margin and 4 percent revenue growth for 2014 after it completed the acquisition of Vodafone Group's 45 percent stake in their Verizon Wireless joint venture.