The FTSE 100 closed 33.03 points, or 0.5%, higher at 6,658.97 at the close of play on Wednesday.
The mobile phone giant said it aims to spin off Vantage Towers through a listing on the Frankfurt Stock Exchange by the end of March.
Vodafone Egypt plans to complete the acquisition of 20% stakes in two digital payment companies, Bee and Masary, within a maximum of three months, an official at the company said on Wednesday. The company has signed a memorandum of understanding (MoU) with Ebtikar, which owns the two firms, to buy the stakes, it said in a statement on Tuesday. Ebtikar is a subsidiary of Egypt’s MM Group.