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

  • 📰 News24
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_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!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: India says China should take losses in poor-nation debt reworkIndia has called on China to be willing to take losses on loans to struggling economies, and asked the world’s biggest bilateral creditor to help developing countries avoid taking positions that would block relief for nations such as Zambia and Sri Lanka.
Source: dailymaverick - 🏆 3. / 84 Read more »

Sierra Leone's Gender Law Boosts Women's Participation in Politics, BusinessSierra Leone's new gender equality law will benefit women with political aspirations - as well as stimulate development, say analysts.
Source: allafrica - 🏆 1. / 99 Read more »

Turtles, whales and more at risk: Alarm over TotalEnergies' Mossel Bay plans | BusinessCivil society groups opposed to gas production by TotalEnergies off the South African coast have raised red flags over the impact it would have on whales and other sea animals, as well as the livelihoods of fishing communities, and human health.
Source: News24 - 🏆 4. / 80 Read more »