[HIGHLIGHTS] Della Valle, Vodafone must change. In the plan 11 thousand cuts

Margherita Della Valle presents her strategy for Vodafone. "My priorities are customers, simplicity and growth," she says.

But the'simplicity' action plan envisages "11,000 planned role reductions over three years, with simplification of both headquarters and local markets" To grow, instead, "a recovery plan in Germany, continuous action on prices and strategic review in Spain". (ANSA) - MILAN, MAY 16 - MargheritaDellaValle: "Our performance was not good enough. For a consistent result, Vodaphone has to change"