Vodafone, deals of $130 billion (By Sylodium Import-Export directory)

British telecom giant Vodafone said that it is in advanced discussions to sell its stake in Verizon Wireless back to America's largest wireless provider. The deal, valued at $130 billion, would give Verizon 100% control of Verizon Wireless if completed; Vodafone (VOD) currently owns 45% of the venture.

Verizon Wireless is the most profitable U.S. wireless carrier, and Verizon wants total access, not just 55% of it. The wireless business is the only reason the company is growing: Landlines are dying, and Verizon has stopped building out its FiOS Internet and television infrastructure, according to CNNmoney.

 

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