According to a Reuters report:

"U.S. telecom giant Verizon Communications (VZ.N: Quote, Profile, Research) has made an informal approach to Vodafone Group Plc about buying the latter's 45 percent stake in Verizon Wireless for about $40 billion, British newspaper the Business reported on Sunday.

"We have made our interest in acquiring Vodafone's (VOD.L: Quote, Profile, Research) stake in Verizon Wireless clear," a Verizon source told the paper. "The ball is now in Vodafone's court.""

As there was not enough on Vodafone's plate with the sale of Vodafone KK (Japan) to softBank, the write of GBP27 billion and other small things...