Vodafone dumps Belgian stake

Published by Ewan on Friday 25th August 2006, 14:37 | Filed under: Operators

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Link: BBC NEWS | Business | Vodafone exits Belgium for �1.4bn.

Vodafone has sold its 25% stake in the Belgian mobile phone business Proximus to Belgacom for 2bn euros (�1.4bn)

This is ‘in line with Vodafone’s strategy of pulling out of markets with limited long-term commercial benefit’.

Riiight. Might as well dump the UK too then?

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