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Vodafone CEO Aims Keep 45% Percent Stake in Verizon Wireless

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By Jonathan Browning

March 23, 2011 at 12:59 PM UTC

This article is for subscribers only.

Vodafone Group Plc aims to keep its 45 percent stake in U.S. operator Verizon Wireless and will talk to its partner at the end of the year about getting a dividend from the venture, Chief Executive Officer Vittorio Colao told German magazine Capital.

Colao currently sees “no reason to divest this excellent company,” he was quoted as saying.