Verizon Could Still Look At International Expansion
Verizon Communications does not rule out international expansion even as it carries out a massive $130 billion plan to buy Vodafone Group’s 45 percent stake in Verizon Wireless, said Verizon Chief Executive Lowell McAdam. On a conference call with analysts. McAdam and Chief Financial Officer Fran Shammo also said they aim to “as quickly as possible” pay down the more than $60 billion in debt Verizon is incurring for the Vodafone deal and to return the company to its investment grade credit rating in four to five years.
“Verizon Could Still Look At International Expansion” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.