BARCELONA, Nov 15 - Arun Sarin, chief executive of Vodafone Group Plc, told investors on Thursday that the British-based mobile phone giant was likely to secure fresh acquisitions in the next 12 months.
Speaking at the annual Morgan Stanley investor conference in the Spanish city of Barcelona, Sarin reiterated that he saw "a couple" of acquisition opportunities in Asia and in Africa.
"You shouldn't be surprised to see things happening for us there in the coming year," he added.
But Sarin declined to be drawn on speculation that Vodafone, the world's largest mobile phone company by revenue, was eying a 25 percent stake in the mobile operations of Telekom Malaysia .
He said only: "We are all grown up enough to know you should not believe everything you read in the press."
Sarin emphasized that Vodafone continued to pursue investments that would allow it, over time, to gain control -- although he noted that a "very strong" dividend stream might also focus Vodafone's attention in "some circumstances".
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