Verizon Communications Inc. (VZ)
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Verizon to Acquire America Movil’s Tracfone For Up To $6.9 Billion; Target Price $70
Verizon Communications, an American multinational telecommunications conglomerate, said it will acquire Mexican telecom giant America Movil’s Tracfone, the leading pre-paid and value mobile provider in the United States, for up to $6.9 billion in cash and stock, sending its shares as high as 1.6% on Monday.
- FX Empire
U.S. Group Verizon and South Korea’s Samsung Electronics Sign $6.65 Billion 5G Deal
Verizon Communications, an American multinational telecommunications conglomerate, and South Korean multinational electronics company Samsung Electronics have announced to sign a deal worth $6.65 billion for 5G network equipment and services.
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