Vodafone Weighs Options for Struggling Italian Business, Including Potential Sale or Joint Venture
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Vodafone CEO says considering options for struggling Italian business, including potential sale or JV, but no deadline.
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Vodafone returned to growth in Germany in Q2, helping boost H1 group service revenue by 4.2% and core earnings by 0.3%.
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Vodafone took action in 2 of 3 challenging markets CEO flagged, selling Spanish business and merging UK unit.
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Italy is "very different" from Spain; Vodafone examining options but no timelines.
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Potential buyers for Italian business include Iliad and Fastweb, according to reports.