Buying back this stake from Vodafone, Verizon will be better able to bear the fruits of profitability. Also, cashing out will bring in a cheque bearing a huge figure to Vodafone.
But (there is always one or more of them…) that said –
- what can be done with all that cash?
- what about the several re-organizations in JV’s
- with the regulatory situation ever make a telco’s path to profitability easier