SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vodafone-Airtouch (NYSE: VOD)
VOD 14.17+1.6%Jan 23 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jules Shear who wrote (2860)6/11/2000 8:50:00 PM
From: MrGreenJeans  Read Replies (1) of 3175
 
Vodafone May Sell 49 Percent of Infostrada in IPO, FT Reports
By Inga Kolvik

Milan, June 11 (Bloomberg) -- Vodafone AirTouch Plc, the world's largest mobile phone company, is expected to sell as much as 49 percent of Infostrada SpA, an Italian fixed-line phone company, in an initial offering planned for the fall, the Financial Times said in its online edition, without citing sources. The share sale may raise as much as 7 billion euros ($6.7 billion). The funds will go toward buying and building third- generation mobile networks around the world, the FT said.

Vodafone Chief Executive Chris Gent said last month a sale of shares in Infostrada, of which the company controls about 90 percent, could take place in September or October.

(Financial Times 6/11)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News