Challenges remain in Verizon efforts to buy Vodafone's wireless stake

04/25/2013 | Wall Street Journal, The

Amid rumors of Verizon Communications' plans to buy out Vodafone's stake in their Verizon Wireless partnership, one analysis of the situation estimated that the two companies' valuations of that stake are about $30 billion apart. This article notes that Verizon is eager to acquire Vodafone's 45% interest in the wireless unit but says the telecoms have reached an impasse over the valuation, as well as whether a sale would trigger a sizable tax bill for Vodafone.

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