LONDON, July 24 (Reuters) - Vodafone, the world's
second biggest mobile operator, said on Friday it would list its
towers unit, named Vantage Towers, in Frankfurt in early 2021.
It announced it would set up a European mast company worth
upwards of 18 billion euros a year ago. The company, which has
more than 68,000 mobile towers across nine European markets,
became operational in May.
Vodafone also reported a 1.3% decline in first-quarter
organic service revenue, which it said was mainly due to
COVID-19 impacts. It reiterated its guidance for the year.
(Reporting by Paul Sandle; editing by Guy Faulconbridge)