NEW YORK (

TheStreet

) --

Vodafone

(VOD) - Get Report

confirmed Thursday it is in talks with

Verizon Communications

(VZ) - Get Report

to sell its 45% stake in their joint venture,

Verizon Wireless

.

The Wall Street Journal

reported Wednesday that the two companies had rekindled discussions in a deal that likely would cost Verizon well more than $100 billion. The

Journal

report cited people familiar with the matter.

Vodafone said Thursday there is no certainty an agreement will be reached.

-- Written by Joseph Woelfel

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Joseph Woelfel

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