Ovum view: Investors to gain more than Vodafone from Verizon sale![](https://eu-images.contentstack.com/v3/assets/blt3d4d54955bda84c0/bltbc336caae558a796/654d0ee604b5c4040a3969cd/Ovum.jpeg?width=700&auto=webp&quality=80&disable=upscale)
Service Provider![](https://eu-images.contentstack.com/v3/assets/blt3d4d54955bda84c0/bltbc336caae558a796/654d0ee604b5c4040a3969cd/Ovum.jpeg?width=700&auto=webp&quality=80&disable=upscale)
Ovum view: Investors to gain more than Vodafone from Verizon saleOvum view: Investors to gain more than Vodafone from Verizon sale
On September 2, 2013, Vodafone and Verizon announced that they had reached an agreement for Vodafone to sell its 45 per cent stake in Verizon Wireless back to Verizon for $130bn. Ovum believes that the deal is good for both parties, but that the decision to return 65 per cent of the proceeds from the sale back to shareholders is short-sighted. It may make Vodafone CEO Vittorio Colao popular, but we don’t believe that he will have enough left to future proof the business.