Vodafone Group PLC (LSE:VOD) has announced its latest €500 million (£415 million) share buyback will get underway from Thursday. Citigroup had been instructed to facilitate the buyback, Vodafone said on Thursday, with this set to be completed by February 3.
Following successful completion of its business support systems transformation, expansion and extension of existing agreement supports Vodafone Italy's commitment to bringing next-generation services and experiences to its customers JERSEY CITY, NJ / ACCESSWIRE / November 12, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced a five-year extension of its strategic collaboration with Vodafone Italy. Under the new agreement, Amdocs will modernize the Italian service provider's business platform to cloud-ready and cloud-native solutions, and migrate the operator's business support systems environment to the Microsoft Azure cloud.
Vodafone Group Public Limited Company's Q2 '25 results showed a mixed performance, with significant declines in Germany and strong growth in Turkey, but the overall market reaction was negative. Germany's revenue decline is concerning, with management expecting a slow U-shaped recovery and further declines in the next quarter due to MDU transition. Despite strong growth in Turkey, the performance is expected to moderate, and Vodafone's lack of focus on Cloud and AI may hinder long-term revenue potential.
Vodafone Group Public Limited Company (NASDAQ:VOD ) Q2 2025 Earnings Conference Call November 12, 2024 5:00 AM ET Company Participants Margherita Della Valle - Group Chief Executive Luka Mucic - Group Chief Financial Officer Conference Call Participants Maurice Patrick - Barclays Emmet Kelly - Morgan Stanley Akhil Dattani - JPMorgan Siyi He - Citigroup Robert Grindle - Deutsche Numis James Ratzer - New Street David Wright - Bank of America Merrill Lynch Javier Borrachero - Kepler Cheuvreux Polo Tang - UBS Andrew Lee - Goldman Sachs Margherita Della Valle Good morning, everyone, and thank you for joining us today. Before going to Q&A, I'd like to outline the key highlights of our Half One Results, as well as the progress we've made on our strategic priorities.
Vodafone Group PLC (LSE:VOD) has kept its full-year outlook unchanged but halved its interim dividend as the processes to approve its major transactions in the UK and Italy rumble on. The telecoms giant grew service revenue 1.7% to €15.1 billion in the first half of the year, or 4.8% on an organic basis.
Vodafone Group PLC (LSE:VOD) can't be faulted for lack of effort recently Since taking over the telco almost two years ago, chief executive Margherita Della Valle has sold its Spanish and Italian businesses and, subject to regulatory approval, merged its UK arm with Three. Alas for investors it's not made a jot of difference to the ailing share price and it's hard to see anything that might be said in next week's third-quarter update changing that.
British regulator says $19.5 billion Vodafone-Three merger could go ahead if remedies are adopted
Vodafone Group PLC (LSE:VOD) and Three's £15 billion merger has inched closer to being cleared after the UK's competition watchdog signalled remedies could see the tie-up approved. A Remedies Working Paper was published on Tuesday, the Competitions and Markets Authority (CMA) said.
The $19 billion merger between Vodafone and Hutchison's Three UK is likely to be given the regulatory green light as Britain's need for investment outweighs short-term competition concerns.
Mobile group Vodafone and Romania-based operator Digi said on Thursday they had signed a memorandum of understanding with Hellenic Telecommunications Organization to buy its subsidiary Telekom Romania Mobile (TKRM).
Vodafone Group PLC (LSE:VOD)'s Romanian entity is teaming up with Romanian telecoms group Digi Romania on a potential acquisition of parts of mobile network company Telekom Romania. Vodafone, Digi and Telecom Romania's Greece-headquartered parent company Hellenic Telecommunications have signed a Memorandum of Understanding (MoU) in relation to the possible deal.
Alphabet deepens its relationship with Vodafone to expand its footprint in Europe and Africa.