Has Vodafone’s CEO pulled off the longed-for turnaround?
When Margherita Della Valle unveiled the sale of Vodafone’s Italian arm, where she got her start in telecoms more than 30 years ago, the chief executive promised that the final piece of a long-awaited restructuring would deliver the “predictable, stronger growth” that has eluded the telecoms giant for more than a decade. Della Valle, who was previously finance chief, has won plaudits for finally rightsizing the group’s sprawling operations and executing three major deals in the highly regulated
