Verizon explores merger with Vodafone, report says
Verizon and Vodafone want to square away their long-standing relationship -- tied together by Verizon Wireless -- this year, according a report from Bloomberg.
Verizon Wireless, which is jointly owned by Verizon and Vodafone, has long been a source of questions over when the two telco giants would resolve the arrangement. Verizon has for years sought to buy out Vodafone's stake in Verizon Wireless, while Vodafone has agitated for a better return from the fast-growing asset.
Verizon and Vodafone now are exploring a range of options, from ending the joint venture to merging the two companies. The two have … Read more