Vodafone is in talks with US-based Verizon Communications to sell its 45 per cent stake in Verizon Wireless.

Vodafone Group Plc rose as much as 6.1% in London trading after a Financial Times blog reported that AT&T and Verizon may bid jointly.

As part of its India strategy, Providence Equity Partners is looking to pick 10-15% stake in companies for a minimum investment of $50 mill...