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Vodafone Business and RingCentral Announce Strategic Partnership to Deliver New Cloud-based Communications Services

Next-generation services will support better collaboration and communication for businesses of all sizes across multiple countries, including the UK, Germany, Spain, and Italy

Vodafone Business and RingCentral, Inc., a leading provider of global enterprise cloud communications, collaboration and contact center solutions, today announced a strategic partnership that seeks to transform business communications and collaboration.

Vodafone's Stake in Verizon Wireless to be Bought by Verizon For $130 Billion

Verizon, the U.S.' largest mobile operator, recently announced plans to buy out Vodafone's stake in the U.S. wireless business; this means that full ownership over Verizon Wireless will be given to the telecommunications giant.

As a result of the deal, $130 billion will be paid in cash and stock in return for 45 percent of Vodafone's stake in the Verizon Wireless business. The deal is expected to close in Q1 of next year.