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An upfront payment of ?1 6bn by SoftBank next month will be used to reduce UK net debt of Vodafone Photo: AP

Vittorio Colao, Chief Executive of Vodafone, has reiterated its commitment to "free liquidity of our non-core assets" as the largest worldwide telecommunications company upgraded its profit expectations throughout the year.

SoftBank, interests were the remains of sale sale of. 9bn ￡ 8 for Vodafone Japan in 2006, following the disposition of its 3 2pc China Mobile game for ￡ 4 United and the creation of a special unit of value creation to manage all its remaining minorities, including involvement of ￡ 33bn in U.S. Verizon Wireless mobile telephony operator.

Mr. Colao said that Vodafone continues to explore the possibility of selling its 45pc stake in largest mobile operator America.

However, Andy Halford, Director of finance, stated that Vodafone was more likely to keep hold of Verizon in the short term because any sale leave Vodafone with a right-of-way "tax very, very large bill" m. Halford said Verizon Wireless, which has not paid a dividend since 2006, is expected to begin dividends "franchise" of ￡ 3. 5bn in 2012.

Mr. Colao said that Vodafone is "open discussion" on the sale of its stake in the French mobile operator SFR 44pc. However, he said "loved the assets" and he was happy to collect the dividends if the price was not good.Vivendi, the French media conglomerate that owns the remaining 56pc SFR, said that Vodafone was not ready to sell its stake.

24 Vodafone 4Pc involvement in Polkomtel Poland could seek to €4 (￡ 3 support), is likely to be the next asset to be sold.

The company lifted its operating profit adjusted throughout the year provides only 5.3 8bn-￡_12 ￡ 11 on the back of better than expected due to growing smartphone market performance.

Vodafone also unveiled a new strategy of "supermobile" so that it can better capitalize on the "incredible phenomenon" navigation on the web via mobiles.M devices.Said Coalo is "unfair" that uses a small minority of customers represent a huge proportion of the capacity data mobiles.Il said that Vodafone will present "staircase" prices so customers can pay extra for a guaranteed higher service level, or pay less for a limited amount of data navigation.

Mr. Coalo explained that a professional photographer, attempt to send a photo of a wining a football match objective could pay extra to make sure that he would have access to the network in advance of "thousands of football fans send texts pulling legs on goaltender how stupid was."

Profit before taxes for the six months to the end of September increased by 43pc to. ￡ 8 on sales of 3 9pc 22 ￡ 24bn. 6bn.Les shares fell 1 to 174 p.

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