Vodafone in talks over huge US deal

Updated
Vodafone
Vodafone

Vodafone has confirmed it is in talks over a deal that will see it exit the United States through one of the largest corporate transactions of all time.

Shares in the mobile phone giant jumped 9% after it said it was in discussions with US partner, Verizon Communications, over a sale of its 45% stake in Verizon Wireless, which is America's largest mobile phone operator.
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