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Verizon in bid to acquire Vodafone?


If the English tabloid, the Daily Mail, is correct then it would appear that a consortium consisting of Posh and Becks 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]

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