According to Bloomberg’s calculations, a telecom company published about 130 pence ($1.59) for the index.
Etisalat also stated in a report that it “invested in Vodafone to achieve a significant spread for a leading global company in the field of communication and digital services” and notes the enhancement of opportunities for business partnerships.
While the purchase comes as Vodafone is facing pressure from Sevian Capital AB, which called on the telecommunications giant to facilitate its business and seek agreements to strengthen profits.
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