BUZZ-View from the buyside: Vodafone a good divi play-Aviva Inv.

** Investors using Shell as a "lazy holiday" to get divismight instead look to Vodafone as energy cos position for loweroil prices, says Chris Murphy, manager of Aviva Investors UKEquity Income Fund

** Brent crude close to $60/barrel will impact oil majors'cashflow, creating uncertainty over whether they can keep up thesteady divi payouts for which they are so prized by investors

** Vodafone, with a divi yield of 6.48 pct, is the6th-highest yielding stock on FTSE 100 - vs Royal DutchShell at 5.8 pct - & co is benefiting from tie-up hopes

** Consumers increasingly favouring buying fixed & mobileservices as a package from a single provider, making existenceas a mobile-only operator more difficult

** Murphy, who has been playing the theme of sectorconsolidation, recently topped up his holding in Vodafone. He also has holdings in Sky & ITV

** As a firm Aviva Investors manages around 241 bln pounds($377.60 bln) of assets

($1 = 0.6382 pounds) (RM: tricia.wright1.thomsonreuters.com@reuters.net)