Notes to Consolidated Financial Statements
Note 7
Noncontrolling Interest
Noncontrolling interests in equity of subsidiaries were as follows:
(dollars in millions) |
||||||
At December 31, |
2010 |
|
2009 |
|
||
|---|---|---|---|---|---|---|
Noncontrolling interests in consolidated subsidiaries: |
|
|
|
|
|
|
Verizon Wireless |
$ |
47,557 |
|
$ |
41,950 |
|
Wireless partnerships |
|
786 |
|
|
811 |
|
|
$ |
48,343 |
|
$ |
42,761 |
|
Wireless Joint Venture
Our Domestic Wireless segment, Cellco Partnership doing business as Verizon Wireless (Verizon Wireless) is a joint venture formed in April 2000 by the combination of the U.S. wireless operations and interests of Verizon and Vodafone. Verizon owns a controlling 55% interest in Verizon Wireless and Vodafone owns the remaining 45%.