VZ is taking the hit in 4q for the benefit later on. They are in the process of reducing head count, reducing liability costs, and reducing debt, gotta be for some reason. They added smart phone users, (set a record), again they take the hit on those phones up front for future benefit. Who knows, maybe they have a plan to go for the 45% stake in wireless that Vodaphone owns. The value of wireless networks is skyrocketing.
every year they reduce head count, but back east might have layoff coming first in the west we r renewing contract in march, so maybe later in west, also fios was good. like vodafone ideal the stock going to 47 but resistence at 44,83
Yep -- VZ's best bet would be to buy the 45% of VZW that it doesn't own. But VZ would have to borrow a lot of money to do it for cash. It wouldn't make sense to buy it from VOD over time because they would have to pay more than VOD will earn just holding their share. It would take some creative deal making to get it done.
Meanwhile, VZ could be buying its stock back. T bought in 6% of its shares in 2012 -- saves them $700 mil of dividends and raises EPS.