Vodafone CEO – no talks so far with South Africa over Vodacom stake

JOHANNESBURG (Reuters) – Telecoms giant Vodafone has held no talks with South Africa over the London-listed firm buying Pretoria’s stake in its local subsidiary Vodacom , chief executive Vittorio Colao said on Wednesday.

However, Colao told a news conference in Johannesburg he was open to talks with the South African government, which has stated an intention to sell state-held shareholdings to fund cash-strapped energy utility Eskom’s building of power plants.

(Reporting by Helen Nyambura-Mwaura; Writing by Mfuneko Toyana; Editing by Ed Cropley)

Vodafone CEO – no talks so far with South Africa over Vodacom stake