Vodafone weighing options for Vodacom - report
Vodafone is reportedly exploring options for its African business as investors ramp up pressure on the UK telecom company to boost performance.
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Bloomberg cited people familiar with the matter as saying that the listed firm is working with advisers to study ways to extract more value from its 65% holding in Vodacom Group.
The early-stage considerations range from merging the business with other operators or divesting some assets in certain markets, to selling a stake in the company, sources said.
They told Bloomberg there was no certainty the deliberations will lead to any transaction.
A representative for Vodafone told Bloomberg that Vodacom "is a strong business that is an important part of Vodafone" and there are no ongoing discussions about a potential sale.
A representative for Vodacom declined to comment.