Verizon Communications

APAC targeted M&A touches $349 bn till Sep 2013: Dealogic

Merger and acquisition (M&A) activity targeted towards the Asia Pacific countries including India stood at USD 348.8 billion in the first nine months of 2013, registering a marginal rise of 3 per cent over the same period a year ago.

Vodafone to return $84 bn to investors after Verizon deal

Under the agreement announced on Monday, the third-largest deal in corporate history, Verizon will take full control of the largest mobile operator in the US by paying Vodafone USD 58.9 billion in cash, USD 60.2 billion in Verizon stock and an additional USD 11 billion from smaller transactions.

Why Wall St doesn't blink at extra $30bn for Verizon

Verizon shares closed 2.7 percent higher on Thursday as investors took in stride the prospect of the company taking on tens of billions of dollars in debt to fund such a deal.

Vodafone shares hit 12-year high on Verizon talks

Vodafone stock hit a 12-year high on Thursday after the UK-listed telecom confirmed it was in talks to sell its 45 percent stake in a US joint venture to partner Verizon Communications.

All eyes on Vodafone's Colao for signs on Verizon

After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever.

Vodafone investors want full takeover by Verizon

Six major Vodafone investors said USD 100 billion was not enough for the British company's stake in its JV with Verizon Communications.

Verizon eyes roughly $100bn bid for Verizon Wireless stake

Verizon Communications Inc has hired advisers to prepare a possible USD 100 billion cash and stock bid to take full control of Verizon Wireless from joint venture partner Vodafone Group Plc, two people familiar with the matter said on Wednesday.

Verizon beats estimates and raises Vodafone pressure

Verizon Communications Inc posted a higher-than-expected quarterly profit on the performance of its wireless business, which reined in costs without slowing growth.

Verizon denies intention to merge with or buy Vodafone

Verizon Communications Inc said it does not "currently have any intention" to merge with or buy its partner Vodafone Group Plc

Three top US wireless carriers to embrace BlackBerry 10

Three of the top US cellphone carriers signaled this week that they would support Research-In-Motion's BlackBerry 10 range, the first of which is due to be unveiled on January 30, offering a hopeful sign for RIM's comeback effort.

No Verizon Wireless buyout talks with Vodafone: Verizon CEO

Verizon Communications is not in talks with Vodafone Group Plc about taking full ownership of their Verizon Wireless venture, despite market speculation this week that such a deal could happen, Verizon's top executive said.

Verizon mobile margins to fall on iPhone sales

Verizon Wireless said it expects to report a decline of up to 6 percentage points in its fourth quarter profit margins as costs rose on strong sales of Apple Inc iPhone and other devices.

US nonfarm payrolls rise in Sept, jobless rate steady

US employment grew more than expected in September and job gains for the prior months were revised higher, according to a government report on Friday that could ease fears the economy was heading into recession.

Verizon says storms, strike cost it up to $250mn

Verizon Communications faces a bill of up to USD 250 million due to its labor strike and recent storms, which will also slow down customer additions for the next few months.

Verizon unions strike after contract talks fail

Almost half the workers in Verizon Communications' wireline telecommunications business went on strike on Sunday as negotiations for a new labor contract failed.