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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Vodafone CEO sees Verizon merger unlikely Reuters - Thursday, September 23 Send IM Story Print NEW YORK - A merger between Vodafone Group Plc <VOD.L> and Verizon Communications Inc <VZ.N> would be less likely than other alternatives for the parents of Verizon Wireless, the chief executive of Vodafone said on Wednesday. Vodafone owns a 45 percent stake in Verizon Wireless, which is controlled by its majority parent Verizon Communications; but because Vodafone does not receive a dividend from the venture, the British operator has been under pressure from shareholders to find an alternative. Some analysts have speculated that Verizon and Vodafone could merge to resolve the situation. But Vodafone CEO Vittorio Colao said at a Goldman Sachs conference that, while he would keep an open mind, such a merger would probably be too complex compared with options such as a complete split with Verizon or a Verizon Wireless dividend payment to both its parents. "Theoretically, conceptually, it's an option, but practically it's less likely than the other two," Colao told the audience. In early New York Stock Exchange trade, Verizon shares were up 0.3 percent to $32.43. In London, Vodafone shares were up 0.3 percent to 163.45 pence. Recommend Send IM Story Print Related Articles Millions download freshly-launched Internet Explorer 9 AFP - 18 minutes ago US-TECH Summary Reuters - 28 minutes ago NBCU CEO unlikely to join Apple 99-cent rentals Reuters - 29 minutes ago Sir Paul McCartney and HP in technology duet AFP - 49 minutes ago Dell to roll out second tablet computer AFP - 1 hour 55 minutes ago News Search Top Stories Christoph Franz named new Lufthansa chief Romania sticks to austerity plan, could delay eurozone entry: Basescu Bomb kills 12 at Iran military parade 'Extinct' frogs haven't croaked -- scientists Europe finally adopts landmark finance curbs More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Atom smasher scientists spot potential new discovery: CERN Anti-Islam rant sees far-right fly high across Europe Gold hits new record above $1,290 US Fed 'prepared' to act if recovery stalls US debate continues on salmon 'Frankenfood' More Most Viewed » Climate: New study slashes estimate of icecap loss US pastor puts Koran-burning on hold 'Time bomb' superbug requires global response: doctor Japanese rider Tomizawa dies in San Marino Moto2 GP Vitamin B 'could delay Alzheimer's onset' More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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