Vodafone is exploring various options for its operations in Italy, the last challenging market it vowed to address, following the recent sale of its Spanish business. While the company achieved growth in 14 out of 17 markets, Italy remains an exception, prompting considerations for potential deals such as a sale or joint venture. Vodafone executives are evaluating options, including a potential deal with French rival Iliad, which previously bid 11 billion euros for the asset. Swisscom’s Fastweb is also speculated as a potential buyer. CEO Margherita Della Valle emphasized the need for action in the Italian market, citing the challenges of delivering returns exceeding the cost of capital.
Vodafone Explores Options for Italian Market After Spain Exit; Considers Sale or Joint Venture
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