Verizon denies bid with AT&T for Vodafone

Verizon Communications denies it's looking to partner with AT&T to buy Vodafone, the British cellphone company that owns 45% of Verizon's wireless business.

Verizon owns the 55% of Verizon Wireless that Vodafone doesn't own and has been openly interested for years in buying out Vodafone. But tax and pricing issues have gotten in the way. In a April 2 statement, Verizon said it's still interested in buying out Vodafone's stake in Verizon Wireless. "It does not, however, currently have any intention to merge with or make an offer for Vodafone, whether alone or in conjunction with others," Verizon said. AT&T had no comment.