Spinning off its towers business could prompt investors to reappraise the stock
Thursday 01 Aug 2019 Author: Ian Conway
Investors in mobile network operator Vodafone ( VOD ) received some rare good news last week, sending the shares up over 10% on Friday (26 Jul) and another 6% on Monday (29 Jul) to 154p, their best level in more than six months. Chief executive Nick Read, who has been in the job less than a year, has proposed hiving off Vodafone’s European mobile towers interests into a separate...