Back in September, Verizon announced that it had reached an agreement with Vodafone to purchase its 45% stake in Verizon Wireless. The carrier, which was founded in April of 2000, has thus far been a joint venture between the two companies.
With a purchase price believed to be approaching $130 billion, the deal will go down as one of the largest acquisitions in history. And it looks like it will be happening sooner, rather than later, as the FCC has just given the transaction its approval.. Read More
A Vodafone retail store in Canberra, Australia was forced to evacuate earlier this week after an iPad demo unit burst into flames, according to News.com.au. While no one was injured, the news outlet says that the “explosion” was large enough that the city’s firebrigade was called to the scene…. Read More
Next week, Apple is expected to break its year-long product silence by unveiling not one, but two new iPhones. This will be the first time that the company has introduced two handsets simultaneously, leaving many wondering what it’ll do with its legacy smartphones.
Pundits seem fairly split on the topic, but the recent consensus seems to be that the iPhone 5C will replace both the iPhone 4 and 4S, as well as the iPhone 5—leaving Apple with just two phones in its lineup. A new report, however, suggests the 5 may be sticking around… Read More
It’s official, Verizon has reached an agreement with Vodafone to buyout its 45% stake in Verizon Wireless for $130 billion. The news comes after several months of rumors and speculation, and a report from The Wall Street Journal this weekend.
The deal, which is expected to close by the beginning of next year, is significant for a few reasons. For one, it will put Verizon in full control of the largest wireless carrier in the US. And two, it will rank as one of the largest acquisitions in history… Read More
Verizon has reached an agreement with Vodafone to purchase its 45% stake in Verizon Wireless for roughly $130 billion, according to a new report from The Wall Street Journal. The outlet says that the deal isn’t final yet, but it could be announced as soon as Monday.
The acquisition would be the second-largest ever of its kind, coming in about $40 billion behind another Vodafone deal—a $172 billion buyout of Mannesmann AG in 1999—and would cement Verizon’s control of the biggest wireless carrier in the US by subscriber base… Read More
These things are easily fabricated (as is any Apple rumor, for that matter) so it pays to take this one with a few pinches of salt.
A new report Thursday by Stuff.tv suggests Apple this year could abandon iPhone S-upgrades, based on an alleged listing in Vodafone UK’s retail system which mentions a product listed as a ‘4G iPhone 6’.
Evidence backing the report: a blurry image of a retail system listing purportedly taken by a Vodafone employee. Now, we’ve heard crazy stories of Apple potentially releasing not one, but a few new iPhones this year. However, the most credible sources point to an iPhone 5S upgrade and the rumored budget iPhone model in 2012, eventually followed by an iPhone 6 in 2013… Read More
AT&T and Verizon, the two leading U.S. wireless carriers by subscribers and revenue, have reportedly joined forces in a massive bid to acquire London-headquartered Vodafone, a multinational telco which operates networks in over 30 countries and has partner networks in over 40 additional countries. The transaction would easily dwarf the monumental AOL/Time Warner merger as Vodafone already is a huge corporation: it’s the world’s second-largest wireless carrier after China Mobile and commands 403 million subscribers worldwide.
This compares to AT&T’s 107 million subscribers, Verizon’s 116 million customers and China Mobile’s 703 million subscribers. What’s really interesting is Vodafone’s existing U.S. partnership with Verizon Wireless: the nation’s leading telco is actually a joint venture of Verizon Communications and Vodafone where the former holds 55 percent ownership and the latter controls the remaining 45 percent ownership of the joint venture.
Vodafone UK subscribers with an iPhone 4S who haven’t upgraded to iOS 6.1 may want to hold off on doing so. The carrier is currently sending out text messages to customers stating that there’s a bug in the new firmware.
According to the warning, the issue has to due with 3G performance. Apparently 4S users on Vodafone UK have been experiencing problems with both cell service and battery life since updating to the latest version of iOS… Read More
Right on time, Vodafone in Germany appears to be stockpiling the new 40 percent smaller Nano SIM cards, a German publication reveals. The carrier is one of Apple’s major iPhone distributors throughout Europe and in the United States, where UK’s multinational mobile network operator has a joint venture with the US telco Verizon Communications, called Verizon Wireless (Vodafone has a 45 percent ownership of the joint venture). Apple’s next iPhone is expected to file as the first phone to feature the recently ratified Nano SIM standard which allows for the creation of thinner and smaller mobile devices… Read More