
Verizon Communications neared a long-anticipated deal on Sunday to buy the 45 percent stake in its wireless business held by Vodafone of Britain for about $130 billion, heralding a continued sweeping realignment within the global telecommunications landscape.
Though a deal may have little effect on Verizon Wireless’s nearly 100 million subscribers at first, it would ripple through the telecommunications industry and Wall Street, with both having closely...