North Korea test fires another missileWorld May 29, 1:29
Russia’s Zvyagintsev wins Jury Prize at 70th Cannes Film Festival with his LovelessSociety & Culture May 28, 21:32
Three Russian tourists hurt is road accident with tourist minibus in TurkeySociety & Culture May 28, 18:58
Some 40,000 cyclists taking part in Moscow cycle paradeSociety & Culture May 28, 18:33
Corporation Irkut: MS-21 first flight performed in routine modeBusiness & Economy May 28, 16:54
Ukrainian military launch more than 180 shells, mines on Donetsk within one dayWorld May 28, 16:36
Minister: Russia may supply 1,000 MC-21 planes to 2037Business & Economy May 28, 14:42
Lavrov: China, ASEAN interested in organization of Eurasian partnershipRussian Politics & Diplomacy May 28, 11:45
MC-21 airliner makes first test flight - sourceBusiness & Economy May 28, 11:00
LONDON, September 2 (Itar-Tass) - The American Verizon Communication Corporation and the British Vodafone on Sunday fixed a $130 billion deal. In accordance with the deal, a report on the website of the Wall Street Journal says, the British communicatins operator Vodafone will sell a 45-percent stake in the Verizon Wireless joint venture they established 13 years ago.
Both telecomm giants refrainf from official comments so far.
Information that the Vodafone intends to sell a stake in the JV to the Verizon Communication first appeared in April this year. Media reports have it that the British communications operator is interested in quitting the North American market. Resultant of resources thus obtained, the British company intends to finance expansion of operations in Europe.
The Verizon Wireless is the second-largest mobile communications operator in the United States. The company's net income last year amounted to $2.25 billion.