0926 GMT - Vodafone Group's changes are starting to pay off, Interactive Investor's Richard Hunter writes in a note. The London-listed telecom company has been tackling too many fronts while facing mounting debt, leading to the need for a significant transformation, Hunter says. "What should now emerge from the turnaround is a smaller and less geographically diverse, but more focused operation," he adds. However, the company's Germany unit is still facing challenges, and Vodafone is unlikely to see a real turnaround there until revenue starts growing again, he says. Shares are up 1.3% at 73.34 pence. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
May 20, 2025 05:26 ET (09:26 GMT)
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