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Vodafone confirms talks to sell 45% stake in Verizon Wireless

  • Vodafone (NASDAQ:VOD) has confirmed reports that it's in discussions with Verizon Communications (NYSE:VZ) over the sale of the U.K. carrier's 45% stake in Verizon Wireless to the U.S. company.
  • Other than saying that "there is no certainty that an agreement will be reached," Vodafone provided no further details.
  • Bloomberg reported that the sides are in advanced talks over a $130B deal. (PR)
  • Vodafone shares are +8.1% in London.

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Vodafone Group Public Limited Company