Bernstein's Robin Bienenstock issued a note Tuesday morning suggesting a deal by Vodafone VOD to sell its Verizon Wireless VZ stake is "highly unlikely" in the next two years.
Bienenstock said Vodafone management believes Verizon Wireless is a more attractive option than its controlled European options -- at least over the long term. The analyst feels recent comments from Vodafone suggest Verizon to withhold dividend payments oer the near term.
Verizon shares are down 1.3 percent to $52.05 at last check.
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