verizon and vodafone agree 130bn deal
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Verizon and Vodafone agree $130bn deal

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Arab Today, arab today Verizon and Vodafone agree $130bn deal

Arab Today

US telecoms giant Verizon said Monday it had reached a deal with Vodafone to acquire its 45 percent stake in Verizon Wireless for $130 billion. Verizon said in a statement that the blockbuster deal -- which will allow Vodafone to bounce back from hefty losses -- consists primarily of cash and stock.

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