Vodafone to create European mobile mast company with potential for IPO
MOBİLE

Vodafone to create European mobile mast company with potential for IPO

News Service Reuters

Vodafone said on Friday it would separate its mobile mast infrastructure in 10 European markets into a new organisation that it potentially could list, in a move it said would unlock value for shareholders.

The world's second largest mobile operator announced the spin off along with a first-quarter trading update on Friday that saw group service revenue decline by a better-than-expected 0.2%. It said a gradual recovery in its previously weak top line would continue.

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