The deal, made up of $58.9 billion in cash and $60.2 billion in Verizon stock, will give the U.S. carrier full control of the business.
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The two cellular giants reportedly reach a deal on Verizon's bid to acquire Vodafone's share of Verizon Wireless. A finalized deal could be announced as soon as Monday.
Vodafone Group's proposed acquisition of Cable & Wireless Worldwide (CWW) has won the approval of European Union (EU) regulators.
Cable & Wireless Worldwide can now be bought by mobile phone giant Vodafone following a major shareholder's approval of the deal. But it wasn't smooth sailing until close to the vote itself.
Vodafone has signed a deal to acquire Cable & Wireless Worldwide for £1.04 billion.
U.K. mobile giant's US$1.6 billion purchase a "major step up" for its global services, potentially creating major world telco with fixed and mobile services in global network, analyst says.
The mobile operator has agreed to acquire Cable & Wireless Worldwide for £1.04bn, so that it can offer enterprises converged communications and lower its mobile data costs
Mobile phone giant Vodafone is set to buy Cable & Wireless Worldwide for $1.67 billion.
Indian conglomerate in "very preliminary stage" of considering cash offer for Cable & Wireless Worldwide, which also has caught the attention of Vodafone.
Vodafone is considering whether to make an offer for networking and telecoms company Cable & Wireless.The UK mobile operator said on Monday that it was considering whether to put in a bid for Bracknell-based Cable & Wireless Worldwide (CWW).
Since the early days of the mobile industry, Vodafone has been determined to do things its own way — and that meant offering wireless services only. For all its independent spirit, the company's decision this week to resell NBN Co landline services has sealed the fate of both Vodafone in Australia and of carriers believing that you can run a top-tier telco on wireless alone.
Vodafone Hutchison Australia and Optus have issued a muted reaction to Telstra's plans, which were announced early this morning, to upgrade its flagship Next G mobile network to the Long Term Evolution family of fourth generation (4G) wireless technologies, pointing out they were also in trials of the standard.
In other hyped-gadget news, it looks as though a CDMA-version of the HTC Nexus One could be shipping to Verizon Wireless in the U.S. and Vodafone across the pond as soon as next month.
Research in Motion launched its Storm touch handheld and it is critical to the company's long-term plans.RIM, along with Vodafone and Verizon Wireless, launched the Storm on Wednesday (Techmeme, statement, Crave review, gallery).
Just a day after Optus said that it was reducing the quotas of its prepaid wireless plans, Vodafone has announced it is rolling back prices on its post-paid mobile broadband plans.
It was no secret that the BlackBerry Storm was coming to Verizon, but now it is official as both Verizon Wireless and Vodafone announced the device with RIM tonight. The BlackBerry Storm is the first touch screen BlackBerry device and one of the first I have ever heard of that has a display with real feedback.
After the government threw its hat in the ring over WiMax, friends and foes of the technology have been frothing at the mouth to deliver a natty sound bite on why the standard is the wireless equivalent of a cold sore or the saviour of all things broadband. Vodafone has now announced it's sleeping with enemy and joining the WiMax Forum. Who's the winner here?
Communications giant Vodafone will launch a wireless mobile data transmission service with speeds of up to 7.2 MBits/s in Germany on Thursday.
Some big news came out of the Vodafone camp today. The wireless carrier has apparently selected Microsoft's Windows Mobile operating system for strategic deployment on its handsets.
HP has partnered with Vodafone to embed HSDPA-compatible wireless broadband connectivity into its Compaq nc6400 notebooks.