Vodafone shareholders upset over underperforming stock

02/8/2006 | Wall Street Journal, The

Vodafone Group and its CEO Arun Sarin are under mounting pressure from shareholders to boost the company's stock price. Investors are frustrated about a variety of matters, from slowing growth in Europe to poor performance by Vodafone K.K., the carrier's Japanese business. Yet another touchy issue is what to do with the 45% stake Vodafone holds in Verizon Wireless. Although a sale is very possible, Sarin says such a move is not imminent.

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