Vodafone-Airtouch (NYSE: VOD) Message Board

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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)

VOD 15.25

+2.2%

3:59 PM EST

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To: David Wiggins who wrote (2016)	10/21/1999 7:41:00 AM
From: MrGreenJeans	Read Replies (2) of 3175

It's "business as usual" says Vodafone Airtouch LONDON, Oct 21 (Reuters) - Vodafone Airtouch Plc (quote from Yahoo! UK & Ireland: VOD.L) said on Thursday it was business as usual, despite a $33 billion bid by its European partner Mannesmann for Britain's number three mobile 'phone company Orange Plc (quote from Yahoo! UK & Ireland: ORA.L). A company spokesman said that Vodafone's strategy remained to increase its stakes in international operations where it could. However, with Mannesmann controlling two key operations in Germany and Italy he said it looked ``a bit unlikely' that it would be able increase investments there. ``There are always countries where you can't do what you want to do but things change very quickly and opportunities arrive,' he said. Mannesman controls D2-Mobilfunk in Germany, where Vodafone holds a 34.8 percent stake. It also controls a 55 percent stake in Omnitel Pronto Italia Spa, the number two carrier in Italy, in which Vodafone Airtouch holds 21.6 percent. He declined to be drawn on whether Vodafone Airtouch might launch a defensive bid for Mannesmann.

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