Hedge fund manager calls for Vodafone takeover by Verizon

Calling Vodafone's local unit 'hysterical', Hempton slams company's performance in Australia.

Comments on this article

Comments Policy
Amit Hunter,

Continues to interest me that the reference back to 2010 is used by the current management to justify the 2012 / 13 performance. Hempton's view of the global management ability of Vodafone is spot on given recent performance of the Australian operation and its European ops. And of course locally the current CEO Bill Morrow is more intent on a weekly appearance in the Australian newspaper building his profile (or perhaps trying to shore up his job) instead of actually trying to build the local operation. This weeks instalment was hilarious in that instead of finding out any detail of what he has planned for this year we discovered he was a sharpshooter in the US armed forces, he loved Hobart , he loves to sail, and he works "close" to six days a week!! No wonder the local business continues to decline, it would have been must more relevant to know where he thinks his growth is going to come from, are his numbers this year going to be driven by contract or prepaid customers, what is the timing of 4G, etc. But what we got was yet another "exclusive" puff piece in the Australian. Hysterical.