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The deal valued Vodafone India at the equivalent of $12.6 billion and Idea Cellular at the equivalent of $11.02 billion. The deal would enable Vodafone to move its Indian subsidiary off its balance sheet, cutting the British group's net debt by the equivalent of almost $8.25 billion. [100]
AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are trading higher premarket on Monday. The company disclosed a definitive long-term commercial agreement with Vodafone Group Plc (NASDAQ:VOD) through 2034.
Also in 2008, Verizon struck a deal to buy Alltel for $5.9 billion in equity while assuming $22.2 billion worth of debt. [23] [24] The deal was finalized on January 9, 2009, again making Verizon Wireless the country's largest cellphone network. [23] As per the agreement, Verizon sold rural wireless properties across 18 states to AT&T.
AST SpaceMobile stock is climbing today following news that the company had entered into a long-term contract with Vodafone. AST stock is now up 23% over the last month and 347% across 2024's trading.
Vodafone Group Plc (NASDAQ:VOD) expanded collaboration with Alphabet Inc. (NASDAQ:GOOG) with a 10-year deal to enhance services, devices, and TV experiences for customers in Europe and Africa ...
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