Vodafone, Diageo, Crest Nicholson and Entain line up a busy day of reporting in London, before a string of updates from across the Atlantic.
Vodafone Group PLC's third quarter update next Tuesday, February 4 follows disposals as the telecommunications firm readies for its £15 billion merger with Three. Having received the greenlight for the takeover by the Competition and Markets Authority in December, Vodafone has since completed disposals of its Italian wing and stake in Indus Towers.
Vodafone said it had made the world's first video call via satellite using a standard smartphone from a remote location, and it plans to roll out the technology for its users across Europe later this year and in 2026.
Shares in BT Group PLC (LSE:BT.A) and Vodafone Vodafone Group PLC (LSE:VOD) have yet to benefit much from the big price rises pushed through by the pair last week. Vodafone followed rival BT, seemingly the UK price leader, and put mobile prices by about three times the current rate of inflation starting from 10 April.
Vodafone introduces Global SIM+, an innovative solution that eliminates complexities with roaming services and ensures global connectivity for IoT devices.
Vodafone Group PLC (LSE:VOD) has completed the sale of its stake in Indus Towers for US$330 million (£269 million). Some 79.2 million shares, equating to 3% of the Indian mobile tower installation company, were sold through an accelerated bookbuild, Vodafone said on Friday.
Vodafone Group PLC (LSE:VOD) has completed the €8 billion (£6.6 billion) sale of its Italian operations to Swisscom AG. Vodafone on Thursday said the cash deal had been completed and that proceeds would go to cutting net debt, alongside returning up to €2 billion to shareholders.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Regulator Ofcom has proposed slashing fees it charges mobile network operators to the tune of £40 million. Fees, paid by the likes of BT Group PLC (LSE:BT.A) and Vodafone Group PLC (LSE:VOD) to use certain radio frequencies, could be slashed by as much as 21%, Ofcom said Friday.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Starlink rival AST SpaceMobile jumps after the satellite telecommunications company secured a long-term contract with Vodafone. The post AST SpaceMobile, Starlink Rival, Jumps On Long-Term Vodafone Deal appeared first on Investor's Business Daily.
Newly published regulatory disclosures from Vodafone Group PLC (LSE:VOD) have provided an insight into the financial rationale behind its £15 billion merger with Three. The combined telecoms business is predicted to achieve over £700 million in recurring annual cost and capital expenditure synergies by the fifth year after completion.