Britain's Vodafone has sold a further 10% stake in Vantage Towers for 1.3 billion euros, bringing its shareholding in the European mobile phone mast group down to the intended level alongside infrastructure investors.
Vodafone (VOD) collaborates with Meta to optimize the delivery of short-form videos and boost network efficiency across Vodafone's European market.
Vodafone (LON: VOD) share price has moved sideways in the past few days as investors wait for the company's trading update scheduled for July 25th. It was trading at 71p on Tuesday, where it has been in the past few days.
Instagram-owner Meta has worked with Vodafone to free up capacity on 11 of its European mobile networks by optimising the delivery of short-form video without noticeably compromising the viewing experience.
Vodafone (VOD) is set to extend the network sharing agreement with Virgin Media O2. Post regulatory approval, Virgin Media will also acquire spectrum from the newly merged entity of Vodafone and Three UK.
Vodafone Group PLC (LSE:VOD) and Virgin Media O2 have announced a new long-term network-sharing agreement which extends the current arrangement for more than a decade. The plans aim to significantly enhance network coverage, quality, and competition across the UK.
Britain's Vodafone and Virgin Media O2 agreed a new network sharing agreement to extend their existing tie-up for more than a decade, in a deal they said on Wednesday was subject to approval of the merger between Vodafone and Three UK.
Vodafone might have exited its most difficult markets in Italy and Spain, but that does not make the investment picture much more appealing, according to analysts at Berenberg. What is left is a hotch-potch of interests that would never be drawn up on a blank piece of paper, says the broker, but instead one that is a product of its history.
Vodafone Group PLC (LSE:VOD) confirmed it has lowered its stake in Indus Towers Limited, the Indian telecom infrastructure provider. Around 18%, or 484.7 million shares, of the New Delhi-based group was offloaded through an accelerated book-build offering, raising gross proceeds of INR 153.0 billion (€1.7 billion).
Vodafone Group has raised its stake sale in India's Indus Towers to nearly 18% for up to $2 billion from about 10% earlier, according to a term sheet seen by Reuters.
Vodafone (VOD) is reportedly mulling the divestiture of its tower assets in India in order to repay debt and improve its liquidity.
Vodafone Group is looking to sell its entire $2.3 billion stake in India's Indus Towers through stock market block deals next week, two sources with direct knowledge said, part of the British firm's effort to repay debt.