Vodafone has named Teresa Elder as the new head of its Irish operations, the first female chief executive to be appointed in the worldwide mobile phone group.

Mobile operator Vodafone has appointed Teresa Elder as chief executive of its Irish operations.

Vodafone’s new chief executive Arun Sarin received a total of £3.2m (€4.8m) from the mobile phone giant in the last financial year, figures showed today.

Mobile phone giant Vodafone may be forced to slash the value of recent acquisitions by billions of pounds.

Mobile phone giant Vodafone unveiled full year pre-tax profits of £4.03bn today after a period of rapid expansion worldwide.