Shareholders won't get any shares but VZ share price will go up as value of remainder of Verizon Wireless is highlighted. I know that didn't happen with T and AWE but that is a very different picture.
T issued a tracking stock, VZ Wireless will be real stock. VZ Wirelss is the dominant wireless carrier in the country and still growing very fast. AWE is on TDMA technology which is inferior to VZ Wireless and Sprint' CDMA technology when it comes to data. If you think VZ stock will go down, you'll be the sucker.
I agree. T shareholders havn't gotten any shares and they (T)did sort of said shareholders might. Bet VZ will do the same. Did buy AWE and over paid at 29. FON did shareholders right, now will VZ ???????????????