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Video: Verizon Could Still Look At International Expansion

By Clip Syndicate
Verizon Communications does not rule out international expansion even as it carries out a massive $130 billion plan to buy Vodafone Group's 45 percent stake in Verizon Wireless, said Verizon Chief Executive Lowell McAdam. On a conference call with analysts. McAdam and Chief Financial Officer Fran Shammo also said they aim to "as quickly as possible" pay down the more than $60 billion in debt Verizon is incurring for the Vodafone deal and to return the company to its investment grade credit rating in four to five years.

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