Lightreading has a post on news that Vodafone have been looking at Verizon
Verizon Communications Inc. (NYSE: VZ – message board) saw its share price leap more than 12 percent in pre-market trading today following a report on a Financial TimesVodafone Group plc (NYSE: VOD – message board) has been considering a takeover bid worth $160 billion, approximately $55 per share.
That’s pretty interesting as Vodafone has allways been left out in the fixed line business and it’s inability to play in the tipple play market as something of a stumbling block. We know they bought an small ISP to help it get into the UK broadband market, but a play like this is just huge. Verizon are a huge player with a global footprint and a very aggressive business model at this time. This is one to watch as it could push Vodafone to the top or near the top of the big Telco league.
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