Vodafone 'OKs Verizon Sprint bid'
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US telecoms firm Verizon is reported to have won the backing of mobile partner Vodafone for a bid for US rival Sprint.
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Well, it looks like things are getting a bit more interesting regarding the Sprint/Nextel deal. It seems that Vodafone, which owns 45% of Verizon Wireless in the US, is supporting a move by Verizon to potentially buy Sprint PCS.
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Sun Microsystems Inc. said Tuesday that it agreed to provide Vodafone Group PLC with its entire line of hardware, software and services for its wireless phone network.
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British mobile phone giant Vodafone has agreed to buy an 11-billion-dollar controlling stake in India's Hutchison Essar in an attempt to move into the world's fastest-growing mobile phone market.
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LONDON -- Vodafone Group PLC on Monday denied a newspaper report it is considering making a $160 billion bid for its U.S. partner in the wireless phone business, Verizon Communications Inc.
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Vodafone pushed further into the world  of mobile Internet services on Thursday after it said it would  become the latest operator to offer online auction site eBay on  mobile phones.
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US mobile operators Sprint and Nextel are in talks about a $70bn merger (Â£36bn) according to newspaper reports. The deal would create the country&#39;s third-biggest mobile operator which would have 38.5 million
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Sprint (FON:NYSE - news - research) and Nextel (NXTL:Nasdaq - news - research) confirmed a $35 billion merger Wednesday morning, going public with their definitive agreement despite reports that Verizon (VZ:NYSE - news - research) continues to weigh its
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BARCELONA/HONG KONG  - Vodafone  shares climbed on Monday after the British mobile phone giant beat rival suitors with an $11.1 billion bid for a controlling stake in Hutchison Essar, India's fourth-biggest cellphone firm.
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Mobile phone giant Vodafone sells its 25% stake in Swisscom Mobile for 4.25bn Swiss francs (Â£1.8bn).
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(InfoWorld) - Vodafone Group has denied a Monday report by the Financial Times that it was considering buying Verizon Communications in a huge $160 billion deal. The paper, citing unnamed sources, said the international mobile operator was contemplating such a deal but hadn't approached Verizon and wouldn't necessarily go ahead with it. But Verizon's shares were up $1 at $42.76 in afternoon trading on the New York Stock Exchange. Vodafone issued a statement to the London Stock Exchange to squelch the report. "Vodafone notes press speculation that it is considering a possible offer for Verizon Communications. Vodafone wishes to make it clear that it has no plans to make such an offer," the statement said. Vodafone owns 45 percent of Verizon Wireless, the rest of which is owned by incumbent wireline carrier Verizon Communications. The dual ownership could tie Verizon's hands as it goes up against rival AT&T, which now owns all of its mobile business and is moving toward "quad-play" bundles of broadband, video, wireline voice, and mobile services. The arrangement gives Vodafone a stake in a profitable U.S. mobile business but doesn't allow it to chart its own course in the market. Vodafone tried to acquire AT&T Wireless in 2004 but was outbid by Cingular. The company has expanded aggressively in other countries, including Germany, where it bought Mannesman in 2000. Buying all of Verizon would create a company valued at about $300 billion. But as part of the deal, Vodafone might spin off Verizon's wireline business in order to build an all-wireless carrier, the Financial Times said. Verizon is the second-largest U.S. carrier behind AT&T in both wired and wireless customers. It had 60.7 million wireless subscribers and 7.4 million broadband customers at the end of the first quarter. Its Fios TV fiber-to-the-home service had attracted about 348,000 households. Verizon also operates a global enterprise communications business. Vodafone, based in Newbury, U.K., had 198.6 million customers across Europe, the Middle East, Africa, Â and the Asia-Pacific region at the end of last year.
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LONDON/NEW YORK  - Wireless telecommunications company Vodafone Group Plc  said it is not planning to bid for Verizon Communications Inc , responding to a report it was considering a $160 billion offer.
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Verizon Communications Inc. VZ.N  has no imminent plans to bid for Sprint Corp. FON.N, people  familiar with the situation said on Tuesday, toppling a  potential obstacle to Sprint's $37.8 billion bid for Nextel  Communications Inc. NXTL.O.
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Vodafone Group on Monday denied a newspaper report it is considering making a $160 billion bid for its U.S. partner in the wireless phone business, Verizon Communications.
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Mobile phone operator Vodafone Group Plc  confirmed on Monday its plan to enter the cut-throat fixed-line  broadband Internet market via a deal with the wholesale arm of  telecoms firm BT Group Plc.
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BARCELONA/MUMBAI  - Britain's Vodafone Group Plc  has won the battle for a controlling stake in Hutchison Essar with a bid that values India's fourth-biggest mobile firm at around $19 billion, including debt.
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Mobile phone firm Vodafone is to enter the UK fixed-line broadband market after striking a deal with BT.