RE: Oh boy - SALE OF VODAFONE ITALY AND CAPITAL RETURN15 Mar 2024 13:43
Selling non performing assets is a plus.
simplifying the business, with concentration on profit making areas is a plus.
Merger with 'three' is a plus.
Buybacks are a plus.
Halving the dividend is a plus.
Debt levels are very manageable at relatively low rates, and the option to reduce the debt levels as they have been doing already is there to do if a benefit.