Intel Corp was reportedly nearing an agreement to exit from its television service business with Verizon Communications Inc.
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Andy Halford, the Chief Financial Officer of Vodafone, would be leaving the firm by March next year.
Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
Verizon Communications Inc. latest corporate bond sale was expected to fetch around USD49 billion.
Vodafone Group released a statement saying that there is “no certainty that an agreement will be reached.”
Vodafone, to entice it to sell off its share in the joint venture with Verizon Communications, would require something between US$135 billion and US$140 billion.
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