If the English
tabloid, the Daily Mail, is correct then it would appear that a consortium consisting of
Verizon Wireless and Spain's Telefonica are preparing a takeover bid of the world's largest mobile phone
company, Vodafone -- a Verizon partner in the US. While Telefonica and Verizon have been mute on the topic, Blackstone
group, a supposed member of this hostile cabal according to "documents circulating the City," has denied any
knowledge of the matter in a followup posted by rival English paper, The Times. While it's true that Vodafone has seen
better days, any takeover and subsequent break-up would no doubt, be messy given their 180 million customers spead
across 27 countries. Still, if the bid is successful, then according to the Daily Mail, Verizon will grab the US and UK
assets with Telefonica nabbing the European operations. Before we all get too caught up in these rumors, remember that
the Daily Mail also runs a telephone astrology service so you'd be right to question their sources, mkay?
[Via TG Daily
*Verizon is currently in the process of acquiring AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.