An interesting in-depth view of what Vodafone can do with the 45% stake in it’s American counterpart – Verizon. (The complete article is at Lex in-depth: Vodafone via the Financial Times

Buying back this stake from Vodafone, Verizon will be better able to bear the fruits of profitability. Also, cashing out will bring in a cheque bearing a huge figure to Vodafone.

But (there is always one or more of them…) that said –

• what can be done with all that cash?
• what about the several re-organizations in JV’s
• with the regulatory situation ever make a telco’s path to profitability easier