Monday, March 13, 2006

Vodafone Quitting Japan

Vodafone Group Plc said on Friday it was in talks to sell its struggling Japanese business to Internet communications conglomerate Softbank Corp

Vodafone's Japan unit has been struggling to recover from a tumultuous few years in which sales of its highly anticipated third-generation (3G) phones fell flat, its leadership changed twice within a year, and it suffered an industry-record monthly loss of customers.

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