Vodafone teams up with KKR and GIP in 16 billion euros towers deal

Vodafone has agreed to sell a major stake in its wireless infrastructure company Vantage Towers to GIP and KKR, creating a joint venture that will release proceeds of at least 3.2 billion euros ($3.2 billion) for the telecoms operator to pay down its debt.
Vodafone sees progress in resolving Germany issues

Vodafone (VOD.L) is making progress towards resolving issues in its biggest market Germany after suffering a drop in service revenue there, its chief executive said on Monday.