Sunday, 16 December 2018

Waning share price forces Vodafone's new CEO to consider towers selloff

By Chris Kelly, Total Telecom
Monday 17 September 18

With current CEO Vitorrio Colao set to step down from his role by the end of the year, Vodafone's share price has faltered under the weight of its levels of debt

Vodafone's new CEO, Nick Read, is considering selling of the company's towers business unit, as the company's share price continues to fall. Vodafone's debt levels rose to €31 billion following the acquisition of a string of Eastern European assets from Liberty Global…

Vodafone's new CEO, Nick Read, is considering selling of the company's towers business unit, as the company's share price continues to fall. Vodafone's debt levels rose to €31 billion following the acquisition of a string of Eastern European assets from Liberty Global…

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