je.st
news
Verizon Wireless to pay USD 7 bln in dividends
2013-05-14 08:51:00| Telecompaper Headlines
(Telecompaper) Verizon Wireless has approved a dividend worth USD 7.0 billion for its shareholders Verizon Communications and Vodafone. The dividend will be paid on 25 June. Verizon Communications owns 55 percent of the mobile operator, and Vodafone Group owns the remaining 45 percent. Vodafone said its share of the dividend would be USD 3.2 billion (GBP 2.1 billion). The company said it will say more on how it plans to use the cash at its next quarterly results announcement, on 21 May.
Tags: pay
wireless
usd
verizon
Category:Telecommunications