Verizon To Pay $130 Billion For Stake In Vodafone

Sep 2, 2013
Originally published on September 2, 2013 7:11 pm

Verizon Communications is paying $130 billion to buy part of its wireless unit from the British company Vodafone. It's one of the biggest deals in the history of the telecommunications business and underscores the growing profitability of wireless. Robert Siegel talks to NPR's Jim Zarroli about the deal.