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Verizon updates IPO filing

BEDMINSTER, N.J.—Verizon Wireless Inc. filed an updated registration statement relating to its potential initial public offering of common stock with the Securities and Exchange Commission.

The statement notes that upon completion of the IPO, Verizon Wireless Inc. would be a holding company whose sole assets will be partnership interests in the Verizon Wireless partnership with Verizon Communications and Vodafone Group plc and whose sole business will be to act as the managing general partner of the partnership.

Lead underwriters for the IPO will be Goldman, Sachs & Co. and Merrill Lynch & Co.

The company originally filed a statement with the SEC in August 2000, and said it hopes to complete the IPO by the middle of next year.

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