Verizon Communications Inc said on Tuesday that it does not "currently have any intention" to merge with or purchase Vodafone Group Plc either alone or in conjunction with others, in response to press reports. The U.S. telephone company said, however, that it would still be a willing buyer of Vodafone's 45 percent share of their Verizon Wireless venture.
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 3.76% or $1.065/share to $29.40. In the past year, the shares have traded as low as $24.42 and as high as $30.07. On average, 13269600 shares of VOD exchange hands on a given day and today's volume is recorded at 45166240.
Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ traded higher by 0.57% or $0.28/share to $49.50. In the past year, the shares have traded as low as $36.80 and as high as $49.59. On average, 13818800 shares of VZ exchange hands on a given day and today's volume is recorded at 12069788.
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