Wednesday, December 8, 2010

Verizon: No Wireless Dividend Until 2011

NEW YORK (TheStreet) -- Verizon Communications won't hold talks about issuing a dividend for Verizon Wireless until 2011, Chief Executive Officer Ivan Seidenberg said at an investor conference Tuesday. Vodafone, which owns 45% of Verizon Wireless, has been pushing for the mobile carrier to issue a dividend. Verizon Communications, which owns the remaining 55%, has been blocking dividend payments ...
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