Vodafone Re-Enters U.S.

Vodafone Americas announced their to introduce wireless services for their 400 multinational customers in the U.S., and 500 multinational customers based outside the U.S. with a strong U.S. presence. This move will take place less than a year after unloading its 45% stake in Verizon Wireless for $130 billion. Vodafone will re-enter the U.S. market as a mobile virtual network operator (MVNO) leveraging T-Mobile’s network. An MVNO is a carrier that doesn’t own the wireless network infrastructure, but rather uses another network to provide services to its customers. Continue reading here.