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.
British telecom giant Vodafone has announced an expanded partnership with Google, aiming to offer enhanced cloud services, generative AI tools, and cybersecurity solutions to its customers across Europe and Africa. This collaboration extends the existing partnership between the two companies for another ten years.
Global telecommunications giant Vodafone Group PLC (LSE:VOD) and Google have announced a billion-dollar-plus, 10-year strategic partnership to provide artificial intelligence products and services across Europe and Africa. Vodafone intends to offer Google's AI-powered Pixel devices over its 5G network in Europe, with plans to introduce Google One AI Premium subscription plans, which include advanced AI services, in select territories by 2025.
The partnership aims to extend the use of devices powered by generative AI, through Google's Gemini models, to Vodafone's customers in Europe and Africa.
Britain's Vodafone said on Tuesday it has deepened its strategic partnership with Google in a ten-year, billion dollar plus deal that would bring the U.S. tech giant's new generative AI-powered devices to customers across Europe and Africa.