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Vodafone Group

All eyes on Vodafone's Colao for signs on Verizon

After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever.Chief executive for five years, Colao has said only that he has an "open mind" on Vodafone's 45-percent stake in the U.S. operator, whose majority owner, Verizon Communications , is interested in buying out the British company's share.With a possible asking price around $120 billion, the topic may well dominate Vodafone's annual results presentation on Tuesday, highlighting the pressures on profits elsewhere in the company and the dilemma faced by its Italian CEO.A source familiar with the situation surrounding a possible bid for the stake by Verizon Communications said: "All their eyes are on May 21 Vodafone earnings, and what Vodafone will say about Verizon Wireless,"Analysts are expecting Vodafone to post organic service revenue in the fourth quarter down 4.3 percent, the worst fall ...

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    Spain's telecoms regulator said on Tuesday it was studying fining Vodafone up to 2 million euros ($2.6 million) for failing to adhere to European roaming tariffs.The...

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    Vodafone Group PLC (VOD.LN), the telecoms giant, Thursday said that Vodafone Germany has signed a next-generation network access agreement with Deutsche Telekom AG (...

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