Vodafone To Receive £2.1 Billion Dividend From Verizon Wireless In June 2013
Vodafone today announces that the Board of Verizon Wireless has approved the payment of a $7 billion (£4.6 billion) dividend. As a 45% shareholder in Verizon Wireless, Vodafone's share of the dividend will be $3.2 billion (£2.1 billion). The dividend is due to be paid by the end of June 2013.
Vodafone will provide an update on how it plans to utilise this dividend at the time of its preliminary results announcement on 21 May 2013.
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Vodafone is one of the world's largest mobile communications companies by revenue with approximately 403 million customers in its controlled and jointly controlled markets as of 31 December 2012. Vodafone currently has equity interests in over 30 countries across five continents and more than 50 partner networks worldwide. For more information, please visit: www.vodafone.com