http://gigaom.com/2006/01/24/vodafones-sarin-throws-verizon-a-bone/ The Business of Technology Sat, 22 Nov 2008 04:26:32 +0000 http://wordpress.org/?v=MU hourly 1 http://gigaom.com/2006/01/24/vodafones-sarin-throws-verizon-a-bone/#comment-43587 Jesse Kopelman Wed, 25 Jan 2006 21:03:54 +0000 http://gigaom.wordpress.com/2006/01/24/vodafones-sarin-throws-verizon-a-bone/#comment-43587 <p>The problem with that $66B valuation is: who could pay it? I don't see any companies with such deep pockets on the prowl for a minority stake in a wireless company. So if Vodaphone did sell, I don't think they are going to get any kind of crazy premium. I think if Vodaphone could find a buyer and did sell, it would only be as a sort of 3-way trade where they used the proceeds to acquire T-Mobile USA from DT. There should still be quite a bit left over to pay for the upgrades to the T-Mobile network needed to stay competative going forward.</p> The problem with that $66B valuation is: who could pay it? I don’t see any companies with such deep pockets on the prowl for a minority stake in a wireless company. So if Vodaphone did sell, I don’t think they are going to get any kind of crazy premium. I think if Vodaphone could find a buyer and did sell, it would only be as a sort of 3-way trade where they used the proceeds to acquire T-Mobile USA from DT. There should still be quite a bit left over to pay for the upgrades to the T-Mobile network needed to stay competative going forward.

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