Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
Astronauts to make quickest trip ever to ISS in DecemberScience & Space September 22, 16:27
Russian frigate Admiral Essen returns to Crimea after mission in MediterraneanMilitary & Defense September 22, 16:24
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.