January 25, 2006 | posted by Michael Baxter in Uncategorized |

While a growing chorus of Vodafone shareholders are calling for the company to sell its shares in Verizon in the US, the company’s chief executive Arun Sarin made his pennies-worth known yesterday. As the company unveiled its latest quarterly performance, he said that the Vodafone stake in Verizon has risen by around $20bn over the last two years. He said “Up until now the board has chosen to keep the asset and I have to say that is absolutely the right decision from a shareholders point of view.” But he added: “That is not to say the board won’t change its mind as it looks forward.”