Part 2/9:
On the day McAdam took charge in 2011, he harbored grand ambitions for the telecommunications giant, primarily focusing on reclaiming full ownership of Verizon Wireless. At the time, Vodafone owned a 45% stake in the company, a remnant from a joint venture established in the early 2000s. The wireless segment had evolved into an incredibly lucrative source of revenue, generating $70 billion in 2011 alone. McAdam's strategic vision led to Verizon's acquisition of Vodafone's stake for a staggering $130 billion in 2013, immediately bolstering revenue but simultaneously burdening the company with substantial debt.