Friday, 08 June 2007

ECS says response to its Vodafone plans positive

(Reuters) - Vodafone, the world's biggest mobile operator outside China,
on Thursday rejected ECS's call to return the 38 billion pounds
to shareholders by spinning off its key U.S. asset and issuing
bonds.




ECS, which owns 0.0004 percent of Vodafone's equity and is
backed by the former deputy chairman of telecoms equipment maker
Marconi, John Mayo, said this week it had drawn up four
resolutions to put to Vodafone's annual shareholder meeting on
July 24.


Read more at Reuters.com Mergers News

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