Vodafone Group restructures portfolio and capital allocation

LONDON: Vodafone Group Plc has finalized its portfolio restructuring, initiated in May 2023, with the sale of its Italian operations to Swisscom AG. This move follows the divestiture of Vodafone Spain and the merger of Vodafone UK with Three UK, allowing Vodafone to concentrate on growth markets in Europe. The company’s strategic shift includes a…