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Verizon Wireless Buys Vodafone at $130 Billion – Wired

In what’s being described as one of the biggest deals in corporate history, Verizon agreed to pay $130 billion to British telecom Vodafone in order to buy out the multinational’s stake in Verizon Wireless, the second largest wireless operation in the U.S. This will allow Verizon in the long term to reduce operating costs primarily in Great Britain with the acquisition.

Forget the Microsoft Soap Opera. It’s the Verizon Deal That Matters