Author: Phil Kendall

Publication Date: Sep 03 2013

Pages: 4

Report Type: Insight, Word

 Mobile for Automotive

Integrated Services Focus in Verizon and Vodafones $130 Billion Divorce

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Report Summary:

After 14 years, Vodafone is finally exiting the US market, selling its stake in Verizon Wireless to Verizon for $130 billion. By returning a large proportion of the proceeds to its shareholders, Vodafone’s European competitors will be relieved to see there will be no acquisition spree, but will still need to focus on service execution as Vodafone uses Project Spring to re-invigorate its network and service propositions. Verizon’s competitors in the US will also need to be wary: as a more integrated operation, Verizon could squeeze its smaller cost-centric wireless rivals and force its wireline rivals to rethink their limited wireless portfolios.

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