News Articles

Tuesday, May 14, 2013

Vodafone to receive dividend from Verizon

US mobile network Verizon Wireless has announced that it’ll pay its owners a $7 billion dividend on 25th June. The company is jointly owned by Verizon Communications (55%) and Vodafone (45%), which means Vodafone will receive the equivalent of just over £2 billion.

Vodafone says it’ll explain how it’s going to use this dividend next week. A number of commentators have suggested there’ll be a payment to shareholders as well as an investment in new technology.

Last year was the first time since 2005 that Verizon had made dividend payments.

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Networks and operators, NewsNumber of views: 1011

Tags: vodafoneusaverizon

Leave a comment

Name:
Email:
Comment:
CAPTCHA image
Enter the code shown above in the box below.
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«February 2017»
MonTueWedThuFriSatSun
303112345
6789101112
13141516171819
20212223242526
272812345
6789101112

Archive

Terms Of Use | Privacy Statement