Verizon Wireless

Verizon Wireless to pass on expansion to Canada after Vodafone deal

Verizon Wireless

Verizon Wireless’ parent company today spent about US$130 billion to buy back Vodafone’s 45% stake in the U.S. carrier. Hours after the monumental deal, Verizon Wireless CEO Lowell McAdam put to rest any discussions about the carrier expanding to Canada by possibly acquiring WIND Mobile or Mobilicity. “Verizon is not going to Canada,” he said in a telephone interview, adding […]

Official: Verizon acquires Vodafone’s 45% stake in Verizon Wireless

Verizon Wireless

As reported yesterday, the deal between Verizon Communications and Vodafone Group Plc was all but official, requiring only board approvals. Verizon today announced that both boards of directors had unanimously approved the transaction whereby Verizon Communications will acquire Vodafone’s 45% stake in Verizon Wireless for about US$130 billion. Lowell McAdam, Verizon chairman and CEO, said: “Over the past 13 years, […]

Verizon to buy out Vodafone stake for US$130 billion

Verizon Wireless

The third largest U.S. corporate deal in history may be only be a company board approval away. Verizon Communications and Vodafone could announce as early as Monday morning that they have come to terms over a US$130 billion deal taht would see Verizon buy out Vodafone’s 45% share in Verizon Wireless to take complete control of the U.S. carrier. While […]

Verizon DROID 5 by Motorola to be a keyboard slider?

Rumoured Verizon DROID 5 by Motorola

It appears that a physical keyboard revival is underway in the smartphone world. BlackBerry has its new BlackBerry Q10 and Q5 and LG just released the Enact keyboard slider for Verizon. Now rumours are pointing to Motorola readying a new keyboard slider as well. Images posted on the Weibo website reveal what is described as the DROID 5, a successor […]

Verizon delays Canadian carrier acquisition

Verizon Wireless

It appears that one potential suitor for the beleaguered Canadian carriers Mobilicity and WIND Mobile has decided to hold off an acquisition for now. According to The Globe and Mail, Verizon Wireless has decided to delay its plans to enter the Canadian market by acquiring one or both smaller Canadian carriers. According to “two people familiar with the situation,” the […]