Vodafone Germany rumoured to be restructuring

12 Jun 2008

Reuters reports that Vodafone plans to restructure its German operations by splitting its business and residential services into separate units. A person familiar with the situation told Reuters that Vodafone is keen to specifically tailor its services to its customers’ needs. Vodafone itself has declined to comment. Last month, Vodafone agreed to buy the 26.4% stake in Arcor for EUR474 million (USD736 million) in cash from Deutsche Bahn and Deutsche Bank, taking its holding in the fixed line operator to 100%.

Germany, Vodafone Germany (old)