Xavier Niel Offers Vodafone Help to Break Up Telecom Giant

Telecom tycoon Xavier Niel is ready with advice for the board at Vodafone Group Plc hours after Chief Executive Officer Nick Read stepped down: sell off more of the business.

“A change of CEO only makes sense if the new CEO has a clear road map from the board of directors,” Niel said in a statement on behalf of his investment vehicle Atlas Investissement, which revealed a 2.5% stake in Vodafone in September.

Vodafone announced Monday that Read will step down at the end of 2022, after he failed to halt a years-long slide in the telecommunication giant’s share ...