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Under stock market pressure to realise full value for shareholders (the mobile unit was being valued at the same amount as the whole Racal group), in
September 1988, the company was again renamed Racal Telecom, and on 26 October 1988, Racal Electronics floated 20% of the company. The flotation valued
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and the
Hambros Technology Trust owning 15% and 5% respectively. Vodafone was launched on 1 January 1985. Racal Strategic Radio was renamed Racal Telecommunications Group Limited in 1985. On 29 December 1986, Racal Electronics bought out the minority shareholders of Vodafone for £110 million.
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Whent was appointed a CBE and then knighted in the New Year's honours in 1995 for his services to mobile telecommunications. He retired in 1996, after which he undertook varying projects including helping to create a business park on the former site of the
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Under Whent, over the next few years
Vodafone grew to become the UK's market leader. During his service on the board as CEO, Whent turned Vodafone into a standalone mobile communications business, with a stock market capitalisation of around £8bn.
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to allow Racal to access some of GEC's tactical battlefield radio technology. Briefing Whent as the head of Racal's military radio division, Harrison told Whent to drive the company into commercial mobile radio. Whent also visited a factory run by
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In 1982, Racal's newly formed subsidiary Racal
Strategic Radio Ltd, with Whent as CEO, won one of two UK cellular telephone network licences; the other going to
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Gerald Arthur Whent was the youngest of four children of Major Albert Whent, of the Royal
Artillery stationed in Palestine from 1938. Whent was educated at
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He was married twice. He had a son and daughter with his first wife Coris. He was a keen golf player and a huge fan of horse racing, Vodafone sponsoring
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from 1995 until 2005. He also ran Horris Vale Stud and then Raffin Stud with his second wife, Sarah.
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Wise, Deborah (16 September 1991). "Vodafone's solo debut could boost share price".
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Eadie, Alison (30 December 1986). "Racal pays £110 million to own
Vodafone".
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410:. Guardian Newspapers. 27 October 1988.
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