TITLE

Vodafone seeks to unload lethargic Japanese assets

PUB. DATE
March 2006
SOURCE
RCR Wireless News;3/6/2006, Vol. 25 Issue 10, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the 9% increase in the shares of Vodafone Group plc on the London Stock Exchange on March 5, 2006 when the company announced negotiations to sell its Japanese operations to broadband Internet provider Softbank. Vodafone Japan is in the process of improving the range of handsets and pricing plans. The average revenue per user of Vodafone Japan declined by 3.7%. There are speculations that Vodafone plans to exit from a venture with Verizon Wireless.
ACCESSION #
20230882

 

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