Can Verizon Take Control Over Its Own Destiny After All?

By Anders Bylund – Apr 26, 2013 at 6:30PM

NYSE: VZ

Verizon Communications

Market Cap

$167B

Today's Change

(2.85%) $1.10

Current Price

$39.70

Price as of April 23, 2024, 4:00 p.m. ET

Verizon may have found a way around tax obstacles and could soon take full control over Verizon Wireless.

Verizon (VZ 2.85%) may have figured out how to take full control of Verizon Wireless without paying $20 billion in extra taxes. The seemingly everlasting partnership with Vodafone (VOD 0.81%) could end in short order -- a willing buyer is looking at a willing seller, and they just have to make the economics of the deal work for everybody.

Making a move quickly would help Verizon defend its leading stature as smaller rivals consolidate around its feet. In this video, Fool contributor Anders Bylund walks you through the new Vodafone development and what it means to investors in the wireless industry.

Fool contributor Anders Bylund holds no position in any company mentioned. Check out Anders' bio and holdings or follow him on Twitter and Google+. The Motley Fool owns shares of Vodafone. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.