Verizon Communications Inc has weighed several options involving its relationship with Vodafone Group Plc and its joint ownership of Verizon Wireless ranging from ending its wireless venture with the European company to a full merger with Vodafone, Bloomberg reported.The U.S. and UK mobile-phone operators discussed a full combination as recently as December, according to Bloomberg, which cited people familiar with the situation.The talks stalled over issues of leadership and location of a new company, making a takeover or partial sale of Vodafone's stake in Verizon Wireless more likely, the sources said.Verizon Communications holds a 55 percent stake in Verizon Wireless. Vodafone owns the rest.
Vodafone Group Plc (Vodafone) is a mobile communications company operating across the globe providing a range of communications services. Shares of VOD traded higher by 5.16% or $1.31/share to $26.68. In the past year, the shares have traded as low as $24.42 and as high as $30.07. On average, 11716200 shares of VOD exchange hands on a given day and today's volume is recorded at 45988724.
Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ traded higher by 1.23% or $0.58/share to $47.69. In the past year, the shares have traded as low as $36.80 and as high as $48.77. On average, 13718400 shares of VZ exchange hands on a given day and today's volume is recorded at 16364312.
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