06-03-2012, 11:54
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#215
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cf.mega poster
Join Date: Sep 2011
Services: 3 phone lines, 100mb broadband, and TV x2 (including one Tivo)
Posts: 2,128
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Re: Should Virgin Media and Cable & Wireless Worldwide merge?
Quote:
Originally Posted by Alan Fry
Vodafone do not own shares in Verizon itself, but a 45% are in Verizon Wireless (the US mobile division of Verizon), that has been the case when Vodafone’s US division (formally AirTouch) Merged with Bell Atlantic’s (including NYNEX and GTE assets) US Mobile Division to form Verizon Wireless. Since then Vodafone has been having issue with Verizon over the way the now biggest mobile company in the USA is run. It will only be a matter of time until it sells to Verizon
Vodafone got big via takeovers in the fast growing mobile market in the 1990s, like the $70 Billion buyout of AirTouch, the £112 Billion Buyout of Mannesmann and the $17 Billion buyout of Hutchison Essar!
Everything Everywhere is currently a mess with the use of 3 different brands and need fixing, I also predict a reorganisation of UK Mobile Companies, I think that Virgin Mobile, Vodafone, O2 and 3 are next to merge/purchase with each other. The same would apply all across the world
Also BT only sold its mobile networks (now O2) to pay of its debts after the dot-com crash, now they are owned by Telefónica
Virgin Media needs to think about what to do about Virgin Mobile UK, maybe they could buy 3 or even Everything Everywere!
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Ok Alan, you have been doing research......but what has any of that got to do with the subject of the thread?
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