Verizon closes on $130 billion wireless deal
Verizon on Friday completed its $130 billion deal to take over all of Verizon Wireless.
New York-based Verizon Communications Inc. has said that owning all of its wireless unit would give it greater flexibility to invest in new technologies.
It acquired the 45 percent stake in its wireless division from Vodafone Group PLC, issuing about 1.27 billion shares of common stock to the British cellphone carrier's shareholders.
Both companies' shareholders OK'd the transaction last month.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- If you get this letter from the IRS, it’s legitimate
- Corporate missteps hurt reputations, profits, sometimes in long run
- Home appraisal is below sales price — now what?
- Venting online about job protected
- France plane crash victim’s father calls for airlines to focus on pilot welfare
- Farmers fund research on gluten-free wheat
- Stafford: Hirers bemoan wasted time with some applicants
- Tourists rush to visit Cuba before American influence felt
- Falling demand for steel not likely to reverse any time soon
- Komando: Boost cellphone signal when nixing landline
- Credit card use reflects confidence, flat wages