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Vodafone CEO: no talks so far with S.Africa over Vodacom stake

Reuters - UK Focus

JOHANNESBURG, March 25 (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)