CEO Vittorio Colao said there are no plans to spin off its emerging markets operations but acknowledged some of the fringe benefits of the Indian listing. London: Vodafone’s planned listing of its Indian business could help the British group if it pursues any further tie-ups with cable-TV company Liberty Global in Europe, its chief executive said on Friday. “We are very happy with our emerging markets portfolio. So as such we do not have a plan to separate from them,” Colao said after the group posted better than expected 7.7% revenue growth for its emerging markets business in the first quarter. US group Liberty and Vodafone have agreed to form a joint venture in the Netherlands, but analysts have said that the British company’s operations in Africa, Middle East and Asia-Pacific could be an obstacle to deeper collaboration.

Source: Mint July 22, 2016 08:30 UTC