Vodafone Is Exploring Options for $14 Billion African Unit
- UK firm working with advisers to study its 65% Vodacom stake
- Options range from mergers to divesting parts of the unit
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Vodafone Group Plc is exploring options for its African business as investors ramp up pressure on the UK telecom company to boost performance, people familiar with the matter said.
The London-listed firm is working with advisers to study ways to extract more value from its 65% holding in Vodacom Group Ltd., the people said, asking not to be identified as the matter is private. 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, the people said.