The FCC approved the transfer of control to Verizon Communications Inc. of Vodafone Group PLC’s
stake in Verizon Wireless.
Verizon said the $130 billion deal is now expected to close in Q1 2014.
Randal Milch, executive vice president – public policy and general counsel of Verizon, said: “We thank the FCC for its quick action in approving our transaction with Vodafone, which will provide Verizon with 100 percent ownership of Verizon Wireless and a boost to one of the most important sectors of the U.S. economy. This application approval also marks the first use of the streamlined foreign-ownership review procedures that the FCC adopted earlier this year, and we are grateful to the commission for its commitment to process reforms that benefit wireless carriers and the customers we serve.”
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You just read about Vodafone. One of the companies whose work it now carries:
AirTouch Communications built US and international mobile operator. What became of it?
AirTouch Communications brought US and international mobile operator to Telecom. That work was distinctive enough to lead to its acquisition by Vodafone for US$62B. The standalone name now passes into the archive — but the team and technology continue inside Vodafone today. One of 430 names here whose work outlived the company.
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
The FCC approved the transfer of control to Verizon Communications Inc. of Vodafone Group PLC’s
