Feeds

Verizon Wireless closes in on Voda stake

It could be yours (for $48bn + debt)

Beginner's guide to SSL certificates

Vodafone has declined to comment on weekend press reports that it is flogging its 45 per cent stake in US cellco Verizon Wireless.

The Observer reports that US telco Verizon Communications is prepared to pay around $48bn to take overall control of the joint venture. Slap on around $8bn of debt and the total price is expected to be somewhere around $56bn.

One unnamed institutional source told the paper: "Verizon are going to buy out Vodafone...There is only one buyer and I suspect that a deal will be cut sooner rather than later."

If the sale goes ahead, shareholders say they want a chunk of the cash - although it could also prove useful if Vodafone goes ahead with plans to invest in fixed line services such as broadband.®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
FCC, Google cast eye over millimetre wireless
The smaller the wave, the bigger 5G's chances of success
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.