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US Vodafone deal 'could be biggest ever'

3 June 2013 Last updated at 08:41 BST

Vodafone could be about to do one of the biggest deals ever in the United States which could give a major boost to the whole London stock market.

If Vodafone sells a key stake in its American mobile business - tens of billions of pounds would come back across the Atlantic, much of which would end up in the hands of shareholders.

The BBC's chief economics correspondent Hugh Pym reports.

First broadcast on BBC Radio 4's Today programme on Monday 3 June 2013.