A new report claims that two unlikely partners may team up to acquire the world’s second-largest mobile carrier.
According to the Financial Times,
Verizon (
VZ) and
AT&T (
T) are working on a breakup bid for European carrier
Vodafone (
VOD) that would value the company at $245 billion, a 40% premium over its current valuation of $115. The deal would see Verizon take control of the 45% stake Vodafone currently owns in Verizon Wireless, while Vodafone’s business outside of the U.S. would go to AT&T. Earlier reports suggested that Verizon and Vodafone were
actively discussing ways to resolve their relationship in the form of a merger or possibly a full or partial buyout.
