Vodafone bulks up Vantage Towers with Cornerstone

Vodafone bulks up Vantage Towers with Cornerstone

Source: Vantage Towers

Vodafone UK and Telefónica UK give each other freedom to “commercialise” their 50% stakes in Cornerstone JV. Transfer of Vodafone’s shareholding to Vantage Towers to take place within weeks. Important (and long-awaited) addition to Vodafone’s European TowerCo ahead of upcoming IPO.

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“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo 

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