Vodafone could receive a dividend from Verizon Wireless in 2012, the US mobile operator’s controlling shareholder has said, according to a Financial Times report. Ivan Seidenberg, Verizon Communications’ chief executive, told an investor conference in New York that Verizon Wireless was at a point where it was generating so much cash “you can’t spend it all”. Verizon Communications has been blocking dividend payments by Verizon Wireless since 2005, in an apparent attempt to push Vodafone into selling its stake in the US mobile operator.
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