Vodafone holders want Verizon to bid for the whole company
0. phoneArena 27 Apr 2013, 18:08 posted on
Instead of buying back the portion of Verizon Wireless (45%) owned by Vodafone, stockholders of the latter communications company want Verizon Communications to make a bid for all of Vodafone; these investors want Verizon to raise its bid for the 45% stake of Verizon Wireless owned by Vodafone to $120 billion US or buy out all of Vodafone...
This is a discussion for a news. To read the whole news, click here
1. james1 (Posts: 97; Member since: 16 Mar 2013)
Verizon would have to borrow LOTS AND LOTS of money if it wanted to buy Vodafone, plus I don't think Verizon is going to do it cause it would be too hard to manage Vodafone and Verizon at the same time.
2. sipha (Posts: 432; Member since: 12 May 2012)
Mmmh, maybe am not reading the story right...but from what i gathered Verizon Communications isn't looking to buy vodafone, it just wants to buy vodafone's 45% stake in Verizon wireless...a company they own jointly!
8. sleepyjohnny (Posts: 151; Member since: 16 Dec 2009)
well that is what Verizon wants to do. This article is reporting the share holders of Vodaphone would rather Verizon just buy out the entire company, because they think the Verizon share that they own is what's most profitable and valuable to them.
3. TheMan (Posts: 482; Member since: 21 Sep 2012)
Vodafone would become VZW's T-Mobile in reverse and would be a bigger headache to VZW than what Deutche Telecom ever got from TMO.
4. belovedson (Posts: 975; Member since: 30 Nov 2010)
i agree there's really no incentive to buy vodafone. unless verizon plans on moving its hq overseas or somethingg
5. Daftama (Posts: 617; Member since: 03 Nov 2012)
Eventually they want to get shares from over seas...the only new customers they are getting is new generation coming and the rest bounce back and forth. No room to grown...why soft bank wants to enter the u.s market....its a way to grow...
6. 9thWonderful (Posts: 232; Member since: 24 Jan 2013)
from a Verizon Communications stand point they are trying to remove extra hands from the pot by buying Vodafone's shares. from Vodafone's stand point to just buy their shares and not the shares + Vodafone would be detrimental to Vodafone as it wouldn't leave them very attractive w/out Verizon Wireless (as the guy said in the article). i don't see a point in Verizon Com. buying Vodafone unless they are going take that as an opportunity to make Verizon Wireless a global carrier instead of just a US carrier which isn't a bad idea. the current international rates are astronomical right now and esp. in terms of data usage. A lot of VZW customers travel abroad and could benefit from this type of venture and also it opens up a new market of customers competing w/Orange, Rogers, Telus & some of the other international carriers that i'm not aware of.
7. nyamo (Posts: 274; Member since: 19 Mar 2011)
the only problem i see is verizon has a legacy network of cdma that is still used by many of its subscribers. whereas i assume vodafone is mostly a gsm network.... while it is a good chance for some global growth, i see the 2 networks becoming a headache to manage
10. stormhaven_8 (Posts: 6; Member since: 25 Jun 2012)
Not a problem at all. VZW is looking for a way to ditch cmda entirely in the future anyway. Since LTE is a GSM variant and all of their current handsets have a LTE radio focus will soon be shifted to Voice over LTE. Not only is VOLTE for cost efficient for VZW but it also enables them to ditch the dual CDMA radio in new phones thus reducing cost. I personally would love to see VZW make a bid for all of Vodafone, from a competitive market standpoint it would catapult the carrier to global status and open millions to doorways for future growth. ....maybe.. even maybe an eventual IPO....
9. corporateJP (Posts: 2431; Member since: 28 Nov 2009)
LOL. Verizon is over the barrel for a change on this one. LOL.