Sign in / up

back to article Vodafone flogs stake in Japanese carrier for £3.1bn

Vodafone is to sell its non-controlling stake in the Japanese carrier Softbank for £3.1bn, it announced today. It follows the disposal of its 3.2 per cent interest in China Mobile in September. The cash from both sales will be used to pay down debts and placate investors with share buybacks. The group said it will now focus …

COMMENTS

House rules Send corrections
This topic is closed for new posts.
  1. Anonymous Coward
    Joke

    ok

    ... so HMG could get a good price for the Ark Royal then?

    1 0
  2. Huey

    I know it was probably just me

    but I'm assuming the coffee hadn't kicked in and all the articles el Reg has been doing on the plight of our ones led me to think holy crap Vodafone are going to own part of the Japanese fleet.

    Needless to say I'm almost awake now.

    1 0
This topic is closed for new posts.

Other stories you might like