Vodafone moves to tackle  'challenging' Italy market after return to growth

Chief executive said steps to simplify the company and focus on customers had delivered growth in 14 out of 17 markets
Vodafone moves to tackle  'challenging' Italy market after return to growth

Vodafone announced the sale of its Spanish business last month for €5bn.

Telecoms group Vodafone has said it was considering a range of options for Italy, the last of the "challenging" markets it has vowed to tackle, after a return to growth in Germany in the second quarter boosted its top line.

Its shares fell about 2% in the latest trading session which means that its stock market valuation has dropped 25% from a year ago.   

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