OREANDA-NEWS. February 25, 2014. Verizon Communications Inc. (NYSE, Nasdaq: VZ) announced that it expects to issue 1,274,764,121 shares of Verizon common stock to shareholders of Vodafone Group Plc in connection with Verizon’s acquisition of Vodafone’s indirect 45 percent interest in Verizon Wireless. Verizon expects to close the transaction and issue the shares, subject to customary closing conditions and approval from the High Court of Justice of England and Wales.

Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers.

Verizon Wireless operates America’s most reliable wireless network, with nearly 103 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America’s most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with more than \\$120 billion in 2013 revenues, Verizon employs a diverse workforce of 176,800.  For more information, visit http://www.verizon.com/.