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M&A

Vantage back in shop window as Vodafone builds revival

M&A remains a lever to help Vodafone revive growth, says CEO Read. New Chairman van Boxmeer lighting a fire under Group strategy and ambition. Another chunk of Vantage could be sold off to “like-minded” partner. Hint made of some UK deal-making in pipeline. Egyptian and Spanish assets remain in ...

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Strategy & Change

Vodafone shuffles international partnership team

Oversight of Partner Markets federation shifts to Vinod Kumar’s Vodafone Business division. Move comes with Vodafone seeking platforms for margin-friendly B2B growth, to improve cash flow.

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Network & Infrastructure

Vantage Towers CEO dismisses bond proxy tag

Vivek Badrinath enthuses about “exciting business model”. Sees scope for innovation and expansion through greater non-operator engagement. Always on the lookout for M&A opportunities, but existing markets take priority if going down consolidation route.

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Strategy & Change

New Ethiopian OpCo sticks with Safaricom marque

New business formally named. ECA grants operator full operating licence, effective from 9 July. Ethiopia seen as early target for Vodafone’s satellite venture with AST.

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Public Affairs

Uzan family sues Vodafone and others for $68bn

Turkish clan of business tycoons claims its assets were illegally seized and sold by the state. Vodafone’s 2005 acquisition of Telsim among the family’s grievances. Group denies all allegations of contributing to defraud the Uzans.