Verizon Communications said Friday that it completed its...
Verizon Communications said Friday that it completed its buyout of full control of Verizon Wireless from Vodafone, which previously owned 45 percent of the No. 1 U.S. wireless carrier. The deal, which the two telcos announced in September, was worth…
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about $130 billion (CD Bulletin Sept 2 p1). The now-completed deal “provides us with opportunities for greater financial flexibility, enhanced operational efficiency and innovations that will benefit customers,” said Verizon CEO Lowell McAdam in a statement. “We are confident it will fuel further growth in our business."