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.
Technologists at telecommunications hardware provider Cisco have predicted that within the next few months mobile carriers will begin to use offloading to seamlessly load-balance data from cellular networks on to faster, lower-latency Wi-Fi networks.
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).
The key to the National Broadband Network (NBN) having an edge over wireless technologies is data quotas, not speeds.
In a world where chief executives are often circumspect when attacking rivals, it's always illuminating to hear a telco CEO bagging their competitors' visions. Yet O'Sullivan's view that Telstra and Vodafone were only announcing long-term evolution mobile plans for the bragging rights makes me think he may need to see an optometrist.
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.
If Malcolm Turnbull takes out that bloody iPad one more time during an NBN interview, I'm going to break something.
A professor at the London School of Economics has called for caps on the amount of spectrum that can be auctioned to a single mobile operator, to encourage more companies to enter the market
Disasters bring to sharp focus the idea that reliable communications is essential. And those questioning the need to continually invest in communications networks need only look to Christchurch, where mobiles have literally become lifelines and telecoms operators are racing against time, and steadily-draining mobile batteries, to find and reach survivors.
Telstra chief executive David Thodey said something at the company's half-yearly financial results session last week that I just can't get out of my mind when I think about the company's plans to launch Australia's first 4G mobile network.
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.
Mobile telco Vodafone Hutchison Australia (VHA) has cut the price of its prepaid mobile broadband starter pack from AU$79 to AU$49, which includes 1GB of data.