Notes to Consolidated Financial Statements

NOTE 7

NONCONTROLLING INTEREST

Noncontrolling interests in equity of subsidiaries were as follows:

(dollars in millions)

At December 31,

2009

 

2008

 

Noncontrolling interests in consolidated subsidiaries:

Wireless joint venture

$

41,950

 

$

36,683

 

Cellular partnerships and other

 

811

 

 

516

 

 

$

42,761

 

$

37,199

 

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%.