Verizon Expected to Have Clear Path to Funds for Vodafone Deal

Verizon Communications Inc. has reportedly been briefing analysts on how much it would be willing to pay for Vodafone Plc's stake in their wireless venture, increasing pressure on the U.K. company to resume the negotiations. Verizon hopes that if it structures a transaction to eliminate much of the tax bill, it can encourage Vodafone to come to the table for talks.

Reuters has reported that Verizon Communications is mulling a 50:50 cash and stock bid of around $100 billion for the 45 percent stake in Verizon Wireless it does not already own.

"It seems like the right time for Verizon to use its highly valued stock and the low interest rates in the market to acquire Vodafone's stake," said Walt Piecyk, an analyst with BTIC LLC in New York. "Verizon might regret not taking advantage and getting a deal done this year."

Vodafone declined to comment on the possibility of a Verizon bid for its stake or on the tax question.

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