Vodafone is exploring options for $14bn African unit

Vodafone Group is exploring options for its African business as investors ramp up pressure on the UK telecom company to boost performance, people familiar with the matter said. The London-listed firm is working with advisers to study ways to extract more value from its 65% holding in Vodacom Group., the people said, asking not to be identified as the matter is private. The early-stage considerations range from merging the business with other operators or divesting some assets in certain markets, to selling a stake in the company, the people said.

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