Tags: Verizon

US FCC gives nod to Verizon buyout of Vodafone's stake in Verizon Wireless

The US Federal Communications Commission (FCC) has approved Verizon's to buyout of Vodafone's stake in Verizon Wireless for USD130 billion, giving Verizon full ownership of the said network.


AetherPal scores USD6 million in Series A funding

Remote diagnostics company AetherPal secured USD6 million in Series A funding for the development of its pre-loaded software for smartphones.

Workout, breakfast between CEOS set price for Verizon-Vodafone deal - report

The USD 130 billion price tag for the recently-concluded deal between Verizon and Vodafone was agreed over an exercise session and breakfast between the firms' two CEOs.

Source: AT&T, Sawiris eye on Telecom Italia

After the Verizon-Vodafone USD130 billion deal, AT&T and Billionaire Tycoon Naguib Sawiris was reported to see Telecom Italia to be its next target.


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Former bankers returned home to Verizon to provide advisory assistance For bankers giving guidance and advice to Verizon Communications Inc, it had been a ten year long wait to be able to formalize the USD130 billion deal to take full control of Verizon Wireless.
The USD130 billion payout to Vodafone, even with its sharing of proceeds with shareholders, allows current CEO many options for the company's future.
With the pending completion of the third largest deal in history, the CEOs of Verizona and Vodafone are near the goal that had eluded their predecessors.
If Verizon stops offering two-year plans on their iPhone units, analysts believe that Apple will net more sales due to customer panic.
Analysts said that T-Mobile could potentially gain more customers with the new strategy that would not ask for an upfront payment.
Analysts noted that Verizon, AT&T and Sprint would all have a room for growth if they would make strategies that would benefit the services they offer for their customers.
Juniper Networks' CEO and former Microsoft executive Kevin Johnson announced his retirement. Juniper Networks Inc. announced today that its chief executive officer, Kevin Johnson, will retire from his post after a new replacement is named.
Verizon announced its activation figures on its iPhone 5 sales. Verizon, the largest mobile phone carrier in the United States, released activation figures which gave a rough estimate on how many iPhone 5 units were sold by Apple.
At the opening of market trading, Vodafone shares increased in light of rumored buyout offer from Verizon.
Verizon's CFO is in the process of putting together a bid for Clearwire. The Chief Financial Officer of Verizon Communications Inc had confirmed that the telephone company is in the process of putting up a bid for Clearwire Corp for its wireless spectrum.
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