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Verizon: All Together Now?

The time could be right for Verizon Communications Inc. (NYSE: VZ)'s reported $40 billion dollar bid to buy its erstwhile partner Vodafone Group plc (NYSE: VOD) out of their Verizon Wireless joint venture, according to analysts.

In the past, Verizon has made no secret of its interest in buying out Vodafone's stake in the wireless venture. So Sunday's report from the U.K. newspaper Business that Verizon has put forward an informal $40 billion bid for the operation isn't that surprising, especially now that AT&T Inc. (NYSE: T)'s bid for BellSouth Corp. (NYSE: BLS) will consolidate the operations of Verizon Wireless's major U.S. rival, Cingular Wireless . (See Cingular's Converged Future.)

"Any time is a good time to bid for Verizon Wireless," says Roger Entner, analyst at Ovum Ltd. . "It's a great organization and growing very nicely."

For the full story, visit Unstrung.

— Dan Jones, Site Editor, Unstrung

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