Verizon Wireless says it will distribute an aggregate $8.5B to 55% owner Verizon (VZ) and 45%...

|About: Verizon Communications (VZ)|By:, SA News Editor

Verizon Wireless says it will distribute an aggregate $8.5B to 55% owner Verizon (VZ) and 45% owner Vodafone (VOD) by year's end. A $10B distribution was made last year, but Verizon had been non-committal until now about a follow-up. VOD +2.2% AH. VZ +0.2%. (PR)