Vodafone’s chief executive may have bought himself some valuable time, but disgruntled analysts and investors appear to be somewhat underwhelmed by the long-awaited strategy statement.
The plan will involve Vodafone becoming a self-declared “Mobile Plus” company after warning of slower revenue growth, lower profit margins and reduced free cash flow.
Mobile Plus, which will try to get customers to ditch their fixed-line phones in favour of mobiles, will first be tested in Germany.
