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.
VOD receives approval for merger with Three UK. The merger, expected to be completed in the first half of 2025, will drive 5G investments across the U.K. and boost network coverage.
Vodafone has been restructuring, selling its towers segment and merging its U.K. operations with Three to improve fundamentals and reduce debt. Despite these efforts, Vodafone stock trades near all-time lows, presenting a compelling opportunity for value investors given its attractive valuation. The U.K. merger, expected to complete by mid-2025, will make Vodafone the largest telecom player in the U.K., enhancing market position and synergies.
Margherita Della Valle, the CEO of Vodafone, discusses the CMA's approval for a Vodafone and Three merger, and what the firm's next steps are.
Britain's decision to allow two of its four mobile networks to merge is the first big sign that regulators have taken on board the government's wish for them to prioritise economic growth and infrastructure investment over lower consumer prices.