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Vodafone mulls selling off Vodacom stake or merging it with other operators: sources | Business

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Vodafone Group is exploring options for its African business as investors ramp up pressure on the UK telecom company to boost performance, people familiar with the matter said. | News24_Business

Dinesh Nair, Loni Prinsloo, Ruth David and Vinicy ChanThe London-listed Vodafone is working with advisers to study ways to extract more value from its 65% holding in Vodacom, according to sources.

The London-listed firm is working with advisers to study ways to extract more value from its 65% holding in Vodacom Group, the people said, asking not to be identified as the matter is private. The early-stage considerations range from merging the business with other operators or divesting some assets in certain markets, to selling a stake in the company, the people said.

 

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_Business That's how they steal our millions and get away we no longer surprised just wow

_Business Like every other cellphone network they're crap. Their internet service is not an option either. Independent small ISP's are they way to go. These BEE AA EE quota monopolies must fall!

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