Vodafone’s chief executive has confirmed he is in talks with rivals in its biggest markets to strike deals with “speed and resolve”, as the telecoms company seeks to respond to calls for a business shake-up from the new activist investor Cevian.
Nick Read, who has argued that the European telecoms industry must consolidate to create more profitable businesses that are more attractive to investors, confirmed the mobile operator was speaking to rivals in the UK, Germany, Italy and Spain.
