Vodafone confirms talks to sell 45% stake in Verizon Wireless

|About: Vodafone Group Plc (VOD)|By:, SA News Editor

Vodafone (VOD) has confirmed reports that it's in discussions with Verizon Communications (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.