Vodafone Group Public Limited Company American Depositary Receipt (VOD)
Vodafone share price is ripe for a breakout, but risks remain
Vodafone (LON: VOD) share price has risen gradually this year as investors flocked back to UK telecom companies. It has risen by 11.7% this year, beating the FTSE 100 index, which has risen by 7.50% this year.
Vodafone merger needed, Three warns as investment cut
A proposed tie-up between Vodafone Group PLC (LSE:VOD) and Three UK is needed, the chief financial officer of the latter has claimed after it reported a £30 million interim operating loss. Highlighting reduced capital expenditure over the first six months of the year, Three UK chief financial officer Darren Purkis warned the merger was the only way for the company to ramp up investment.
Vodafone launches €500mln share buyback programme
Global telecoms blue chip Vodafone Group PLC (LSE:VOD) has announced €500 million (£429.5 million) share buyback programme to run from this Wednesday through to 29 November. Vodafone tapped Wall Street banking giant Goldman Sachs to facilitate the buybacks, which will see around 2.5% of Vodafone's current market value returned to share holders.
Vodafone: Potentially Undervalued, But Uncertainties Prevail Following Latest Updates
Vodafone has been underperforming for over a decade, and is down 20% since May 2023, when CEO Margherita Della Valle announced a turnaround plan. The company has made good progress against its strategic objectives, improving customer satisfaction, driving productivity, and accelerating growth in most businesses in FY24. The group just completed the sale of Vodafone Spain and expects the sale of Vodafone Italy to close by early 2025, committing to use cash proceeds for deleveraging & buybacks.
Vodafone bleeds customers in Germany as turnaround plan lumbers on
Vodafone Group PLC (LSE:VOD)'s chief executive Margherita Della Valle inherited a bloated, underperforming business when she secured the top role 15 months ago. A trading update from the FTSE 100-listed communications giant shows that her turnaround plan, though progressing as expected, is still facing many of the same challenges that preceded her.
Vodafone's growth slows in Q1 on decline in Germany
Vodafone reported a 5.4% rise in service revenue in the first quarter, a slowdown on the previous three quarters, after its biggest market Germany went into reverse due to changes in cable TV regulation.
Here's why Vodafone and BT Group shares are in the spotlight
Vodafone (LON: VOD) and BT Group (LON: BT.A) shares have remained in a tight range in the past few weeks as investors focus on their upcoming earnings and their internal actions. BT Group stock was trading at 140p on Wednesday, inside the range where it has been since June 25th.
Vodafone drums up another €1.3bn from selling down Vantage stake
Vodafone Group PLC (LSE:VOD) has drummed up €1.3 billion from further selling down its stake in Frankfurt-listed mobile towers venture Vantage Towers, which it said it will use to trim its massive debt pile. The telecoms group said it sold another 10% stake in Oak Holdings, the partnership that co-controls Vantage, which means Oak now has a 50-50 joint ownership structure with the consortium of infrastructure investors owning the other half, as set out when the Vantage was spun out.
Vodafone sells further 10% stake in Vantage Towers for 1.3 bln euros
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), Meta Team Up to Enhance Network Efficiency
Vodafone (VOD) collaborates with Meta to optimize the delivery of short-form videos and boost network efficiency across Vodafone's European market.
Vodafone shares price could explode higher: July 25 will be key
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.
Meta and Vodafone optimise video to boost network efficiency
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.
