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US COMMUNICATIONS COMPANY Verizon will own its wireless business outright after agreeing to a $130 billion deal to buy the 45 per cent stake of Verizon Wireless owned by UK operator Vodafone.
The buyout, the second-largest acquisition deal on record, would give Vodafone additional cash to pursue its expansion ambitions in Europe. It would also give Verizon the opportunity to boost its quarterly earnings, as it would no longer have to share a portion of the proceeds from the number one mobile carrier in the US.
The deal isn’t expected to have much of an effect on Verizon consumers or on the company’s operations. Vodafone had little influence on Verizon Wireless’ day-to-day operations, and the two companies have kept out of each other’s territory.
The Verizon-Vodafone partnership started in 2000 when what was then Bell Atlantic combined its wireless network on the US east coast with Vodafone’s operations on the west coast. Vodafone had entered the US market a year earlier by outbidding Bell Atlantic to buy AirTouch Communications of San Francisco.
Verizon has had a long-standing interest in buying out its partner, but the two companies hadn’t agreed on a price until now. Analysts said Verizon wanted to pay around $100 billion for Vodafone’s stake, while reports suggested that Vodafone was pressing for the $130 billion.
The largest deal on record is Vodafone’s $172 billion acquisition of Mannesmann AG in 2000, according to research firm Dealogic. Verizon’s buyout of Vodafone should be completed in the first quarter of 2014, the companies said.
Vodafone is already one of the world’s largest telecommunications companies and has its sights set on dominating media services in Europe, its biggest market. The company is making a takeover bid for Germany’s biggest cable operator, Kabel Deutschland.
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Very sad.
The dangers of drugs can never be overemphasized.
@Dilly Dong: she was clean for a good while.
@Tommy Browne: drink is the most harmful drug of all. Scientifically proven
@Bairéid Rísteard: Its also scientifically proven that without alcohol ugly people will not get laid.
@Bairéid Rísteard:
Arguably. But there seems to be a current trend towards the liberalization of drug laws across the developed world on the grounds that ‘Drugs are OK’ which is very worrying.
We need to educate the kids about the perils of chemical substances.
@Tommy Browne: drugs are ok but like everything else they’re only ok in moderation.
@John O’Shea: So Crystal Meth is ok in moderation? Heroin is ok in moderation? Crack Cocaine is ok in moderation?
@Mick Jordan: yep. Everything in moderation is ok. Murder too. Apparently. Some people need to have a word with themselves.
@John O’Shea: Well I’m sure there’s ways around that, without having to put a class 1 carcingogen in your body on a regular basis. Ironically, ‘drug’s’ like LSD, DMT/Ayahuasca, and mushrooms can open your mind up to how that regular alcohol use is detrimental to your health
@Bairéid Rísteard: would love to try ayahuasca and DMT!
@M: clean for a good while? The article said the cocaine had been taken in the last three days.
Or did you mean a good while before that? I’m confused because her daughter who I presume knows her a little better than you said she had been battling drug addiction her whole life.
@Government Sachs: You’ve read The Spirit Molecule too then?
@John O’Shea: all drugs are ok ?
@Sean: I mean at one point in her life. I’m not debating the daughter. Even while clean it is a battle. And Carrie obviously relapsed.
Jaysus,knew she liked the Colombian marching powder back in the day but thought she’d knocked it on the head.The ole ticker can give up at anytime.E and charlie?She was literally “flying”.
@Dilly Dong: mad out of it
@Dilly Dong:
Wonder was it the White Speckled Doves or Mitsubishis?
@Dilly Dong: I was off my game, boy…
@Dilly Dong:
Temple Theatre,Ormonde,Tin Pan Alley in the Harp,The Waterfront,The Olympic.Crazy days.The best of days.
@mark kenny: Mitsis for sure
@mark kenny: Jaysus ye were reared well lads. Would hate to think how ye would feel if someone was commenting about yer own mother’s death like this. Have some bit of decency at least
@Johnny:
Relax johny.I already said she was a good woman.I have gone through a lot of problems with drugs myself.A battle that is never won.But sometimes a bit of dark humour and self depreciation is a little bit of a release valve of sorts.There is no malice in my comments.
@mark kenny: fair play lad and best of luck2u.
@mark kenny: tin pan alley in the Harp .now that brings back some great memories! !
Sesh mot
With all the pointless injunctions that we see in the media today, i struggle to understand how it’s still legal to publish findings like this after the woman has passed. Just publish the cause of death as Cardiac Arrest and leave it at that. Whatever was or wasn’t in her system should only be disclosed to the family.
By all accounts she was a lovely,gentle,kind hearted woman.Drugs are a scourge.I have experienced it myself.The drugs had her pickled.I think she said cocaine was everywhere on the set of Star Wars.Sad loss of life.And her mother dying the day after was unreal.
Poor woman she died why publish the “findings” after the fact…..
@Kerry Blake: Maybe to raise awareness.
@Jamie McCormack: I think most of the world at this stage are aware of the dangers of drugs?
@Kerry Blake: Was Carrie?
@Fake Avast: Aware of what? Even prescription drugs can be highly addictive. Think you’re missing the point.
Is that a surprise?
can’t people let her rest in peace ffs?
@Frederic Slimane: I don’t think she minds.
She was troubled its no secret. Just let the woman rest in peace
@Elaine Moriarty: Well said. Sad though so many stars who so called “made it” are inflicted with an emptiness they think they can only fill in this way. question is why do they feel this emptiness? I guess its obvious if u think about it.
@gregory: no I can’t guess it. Help me out in this one.
May The Sesh Be with You
Jasus, even the sweet old ladies in Hollywood are degenerate junkies
@Alex: hope you never suffer from any addiction
She lambasted Trump and I can remember the quote ,”100%, he is definitely a cokehead”. Oh, the irony.
That chick knew how to party
Give this great lady a break….May she rest in peace.
@Andi Black: she’s gone and I doubt any of her family will be reading this .
In a drug induced galaxy far far away???
have your say