We believe Verizon and Vodafone's on-and-off negotiations (often in the press) will pay off with a deal later this year, to the benefit of both companies. Our read of the situation suggests that VZ is willing to pay 7.5-8.0x 2013 EBITDA but Vodafone is looking for 10x. Therefore, we believe the two companies will have to meet in the middle at say, 8.5-9.0x for a deal to happen. This suggests a deal price of US$130B-137B.
That's even higher than the potential $100 billion bid Reuters reported on last week. Vodafone investors have been calling for a larger bid.
Vodafone holds a 45 percent stake in Verizon Wireless. Rumors of a buyout have heated up again in the last few months.
— Dan Jones, Site Editor, Light Reading Mobile
wanlord, User Rank: Light Sabre 4/29/2013 | 7:42:38 PM
re: Verizon Could Pay VOD $130B+ for Wireless Stake VZT Wireline would have more control to eliminate overlap, merge networks, reduce headcount, etc. Good short term things. Long term, lack of influence from VOD which keeps VZW a somewhat separate entity which has less overhead and moves quicker would mean they would eventually be absorbed into the slow, money losing telecom culture. It's a bad idea...
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.
During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.
She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.