Verizon, Vodafone see brighter relationship

11/17/2011 | Reuters · Bloomberg Businessweek

Relations between Verizon Communications and its wireless partner Vodafone have improved, top executives at both telecoms said Thursday in comments that analysts and investors may interpret as a hint that the companies might eventually merge. "This is going absolutely in the right direction," Verizon Chief Financial Officer Francis Shammo said at an investor conference, though he added that it was "premature" to issue a dividend, because Verizon wants to avoid adding debt to its bottom line.

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Reuters · Bloomberg Businessweek

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