NEW YORK ( TheStreet) -- As the excitement over the Sprint Nextel (S) and Clearwire (CLWR) takeover battles abates, attention in the telecommunications industry returns to the timeless wireless industry conundrum of Verizon Wireless' ownership.Verizon Communications (VZ - Get Report) and Vodafone Group (VOD) control a joint venture that is worth at least $250 billion and generates about $20 billion a year in cash that the parents can tap. For years, Verizon has been a willing buyer and Vodafone has been open to a sale of its 45% position.
TheDeal: Steep Price to Verizon Wireless Buyout
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