verizon communications

Verizon to sell off towers and part of fixed-line business – report

Verizon Communications, the parent company of US operator Verizon Wireless, is about to sell off some of its assets including mobile towers and parts of its fixed-line business, a report by the Wall Street Journal has claimed. The company is said to be selling the assets in several separate deals whose value could be over $15 billion.

SoftBank eyeing up América Móvil wireless assets – report

SoftBank is considering buying the wireless assets of Carlos Slim-owned América Móvil, according to a report. Apparently the Japanese tech giant has asked US subsidiary firm Sprint’s CEO Marcelo Claure to gather information on the business up for sale on its behalf.

Vodafone keeps its slice of Verizon

Vodafone reiterated on Wednesday that it is, under no circumstances, about to get rid of its stake in US cellco Verizon Wireless. Despite months, maybe even years, of speculation that the operator would offload some or all of the 45 per cent holding, a statement released Wednesday said that “Vodafone continues to believe that retaining […]

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