Vodafone Weighs Change in Japan
Wireless giant Vodafone added 4.1 million new users – that’s the population of New Zealand – in its strongest quarter for the past five years. Now it will focus its efforts on improving its Japanese business, according to Chief Executive Arun Sarin. Average revenue per customer have slipped in that country, as well as in the U.K. and Germany. Sarin’s not averse to the idea of selling underperforming operations in Japan, where Vodafone languishes behind NTT DoCoMo and KDDI: “We’re not married to any asset. If an asset loses its usefulness to us.. we’d be willing to look at (a disposal),” he was quoted as saying by AFX News.