Verizon in talks to buy out Vodafone stake: sources

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    Anonymous

    Technology News

    A Vodafone mobile internet dongle is seen connected to a laptop in LondonBy Kate Holton and Sinead Carew LONDON/NEW YORK (Reuters) – Verizon Communications is close to buying the remaining stake in Verizon Wireless from Vodafone Group PLC it does not own for potentially $130 billion, according to people familiar with the talks, in what could be the third-biggest deal of all time. Verizon, the number one U.S. mobile carrier, has made no secret of its desire to gain full ownership of a network that is growing fast and generating billions of dollars in free cash flow, hoping to reap the monetary benefits. …


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