I am bullish on Vodafone. I see it as a turnaround case. The thesis is:

• the telco market is too big for a duopoly. Even the smallest GCC/European countries have two or more players.
• Promoters have deep pockets and now, one of the promoter is Government with nearly a third of the company. So, essentially you and I may have to bail out with your taxes should things go bad from here. 😅
• The intent seems clear - they are monetizing non core assets, investing in core business and holding on to/regaining market share in their p0 markets without worrying about p1/p2s. 

How much they will turnaround will be seen, but I think they do have a strong case. Do you agree?