|Bid||0.00 x 41800|
|Ask||0.00 x 4000|
|Day's Range||18.21 - 18.44|
|52 Week Range||17.70 - 30.20|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.09 (6.08%)|
|1y Target Est||26.17|
Vodafone Group’s Italian subsidiary and Telecom Italia have signed a memorandum of understanding to enter a network partnership, the companies said late Thursday.
Telecom Italia and Vodafone said on Thursday they plan to enter into a new infrastructure sharing partnership to enable faster deployment of fifth-generation mobile phone services over a wider geographic area and at a lower cost. In addition, they also plan to evaluate combining their 22,000 telecom towers in Italy into a single entity, potentially merging Vodafone's tower infrastructure with that of INWIT, the masts group 60-percent owned by Telecom Italia.
LONDON/BRUSSELS (Reuters) - Britain is able to manage the security risks of using Huawei telecoms equipment and has not seen any evidence of malicious activity by the company, a senior official said on Wednesday, pushing back against U.S. allegations of Chinese state spying. Ciaran Martin, head of Britain's National Cyber Security Centre (NCSC), said Britain had yet to decide on its security policy for national 5G networks, but that Huawei equipment was subject to detailed oversight and strict government controls over where it was used. "Our regime is arguably the toughest and most rigorous oversight regime in the world for Huawei," Martin, whose NCSC is part of Britain's GCHQ intelligence agency, said at a cybersecurity conference in Brussels.
How These Mobile Operators Are Working to Drive Growth(Continued from Prior Part)Vodafone Idea posts $700 million loss Last year, Vodafone (VOD) completed a merger between its Indian subsidiary and its rival Idea Cellular, forming a new operator in
LONDON (Reuters) - Mobile phone group Vodafone has conducted a successful trial connecting next-generation 5G smartphones to its network for the first time as it prepares to launch 5G in some European ...
Vodafone, the global leader in IoT with 80.9 million connections, today announced the findings of its latest IoT Barometer. Surveying 1,758 businesses worldwide, the Barometer finds that more than a third (34%) of businesses now use IoT, that 70% of these adopters have moved beyond pilot stage and 95% of adopters are seeing the benefits of investment in this technology as it moves into the mainstream. While use cases for IoT are varied, ranging from medical exoskeletons to connected tires, the research has found that IoT impacts businesses regardless of size and sector.
The telecoms industry has called on European governments to join mobile operators in establishing a testing regime to protect network security without having to resort to the disruptive step of excluding vendors from the market. The initiative by the GSMA, which represents 800 operators worldwide, comes as the United States steps up pressure on its allies to ban China's Huawei Technologies on national security grounds. "Such significant consequences, intended or not, are entirely avoidable," the GSMA said in a statement issued just over two weeks before it hosts its annual Mobile World Congress in Barcelona.
’s accounts after the telecoms company dropped PwC because of legal action linked to the collapse of mobile phone retailer Phones4U. The switch makes EY the third Big Four firm to audit one of Britain’s largest companies in six years. PwC was awarded the contract in 2014 when Vodafone put the contract up for tender after 26 years with Deloitte.
British tourists could see the return of expensive mobile roaming charges when they go on holiday the day after Britain leaves the European Union in the event of a no-deal Brexit, Digital Minister Jeremy Wright said on Thursday. Roaming charges were completely abolished in the European Union in 2017, saving holiday makers and business travellers millions of pounds a year in total additional charges for using their smartphones outside Britain. "If we were to say to mobile network operators in this country 'You may not impose roaming charges on your customers who travel to the European Union', that cannot prevent European mobile network operating companies charging UK mobile network operating companies money," he told lawmakers.
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Competition in India's telecoms industry has ramped up since Reliance Jio Infocomm Ltd, owned by Asia's richest man Mukesh Ambani, entered the market in 2016, leading to huge price cuts across the industry. While Jio reported a 65 percent jump in quarterly profit, rival Bharti Airtel Ltd posted a 72 percent profit decline. The shake-up led to consolidation, with London-based Vodafone Plc merging its Indian operations with Idea Cellular last year in a deal worth $23 billion.
Nine Public Investment Corp. directors quit on Friday, saying the institution overseeing the pension funds of most South African civil servants has entered a “state of paralysis” following misconduct claims against some board members. The state-owned money manager with more than 2 trillion rand ($149 billion) in assets is typically front and center of major domestic investments in South Africa, including rescue talks to help debt-laden retailer Edcon Holdings Ltd. stay afloat in a depressed consumer environment and stagnant economy.
John Malone is one of my favorite investors, so I keep a close eye on his business empire. This is a special situation which by no means has a definitive outcome, but could result in a possible 100% or more upside for investors in the best case. Warning! GuruFocus has detected 2 Warning Signs with LBTYA.
Nokia and Ericsson: A Look at Their Latest 5G Pursuits(Continued from Prior Part)Managed services revenue down 3.0%Ericsson (ERIC) will use artificial intelligence to power its new managed services solution aimed at communications service providers,
China's Huawei has been excluded from a Czech tender to build a tax portal after the country's cyber watchdog warned of possible security threats posed by the telecoms supplier, documents showed on Wednesday. Huawei faces international scrutiny over its ties with the Chinese government and allegations that Beijing could use Huawei's technology for spying, which the company denies. The U.S. Justice Department has also charged Huawei with conspiring to violate U.S. sanctions on Iran and with stealing robotic technology from T-Mobile US Inc.
Australia's TPG Telecom Ltd said on Tuesday it has abandoned building its mobile telephone network because it relied on Huawei Technologies Co Ltd equipment that has been banned by Australia's government on security grounds. The nascent network is the first commercial casualty in Australia of the ban announced in August and comes as Western nations restrict market access to Huawei over allegations that China could use its equipment for espionage. Huawei denies the allegations.
During the current decade, the big dream of the biggest phone companies was to get out of the "box" of providing cellular and internet infrastructure and mobile data, and to get into the higher-value world of providing content. The fulfillment of that dream was supposed to boost the companies' profits and stocks. Verizon Communications (NYSE:VZ) has now tacitly admitted that the dream was a dumb one, as the company is carrying out mass layoffs of journalists at America Online and Yahoo. Verizon's content division, now called the Verizon Media Group was, until November, known as Oath. ### Oath Has Been a Drag on Verizon Stock While Verizon's spokesmen are spinning about "better execution" on "the best platforms," the fact is that VZ has already written its media assets down by $4.6 billion, after paying $4.4 billion for AOL and $4.83 billion for Yahoo. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks That Could Double in 2019 In its third-quarter earnings report, VZ said that Oath's Q3 revenue came to $1.8 billion, a run rate well short of the $10 billion in revenue it targeted for all of 2020. That's just 5% of the company's total revenues for the quarter, which were $32.6 billion. Even if Oath had been a raving success, it would have represented less than 10% of Verizon's revenue. ### Verizon Is What It Is When you're selling data, the price you get for each bit of data is constantly falling, as new equipment makes moving more data cheaper. When you're selling services, on the other hand, you take a bigger piece of the customer's dollar. By tying the data to the content, and by killing "net neutrality," the idea was that Verizon could guarantee itself more profits, boosting Verizon stock. But many of Verizon's strategies when it comes to content have failed, so the profits and the large advances of VZ stock haven't materialized. For example, a big piece of what VZ bought with AOL was AOL's adtech. That adtech unit has failed, despite the government allowing Verizon's internet service to share user browsing data with its adtech unit and despite the end of net neutrality, which lets internet service providers discriminate on behalf of their own services. So now VZ is what it always was, a capital-intensive utility. The nature of that utility has changed in this century, with Verizon selling wired networks and spending $130 billion to get 45% of its wireless business back from Vodafone Group (NYSE:VOD). Since that deal closed five years ago, VZ stock is up 20% and Vodafone is down 57%. ### The Bottom Line on Verizon Stock As a utility, Verizon stock needs to be valued based on the dividend of VZ stock, which has risen from 53 cents per share to just 61 cents during those five years. Verizon stock has a rather high yield of 4.17%, but VZ stock is not delivering capital gains, largely due to the company's decision to become a content provider. AT&T (NYSE:T) is in the same business as Verizon, but it chose to get even more heavily into content, buying Time Warner to acquire its HBO and CNN franchises. Since AT&T closed that deal last June, AT&T stock is down 7.6% while Verizon stock is up 21%. Verizon is trying to cauterize its self-inflicted wound, so it can once again be seen for what it is. Investors can now buy VZ stock with confidence, since they at least know what they're getting. AT&T has yet to take a similar step. Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Recession-Proof Stocks to Buy ... According to Goldman Sachs * 10 Triple-A Stocks to Buy in February * 7 Smart Money Opinions on Where Stocks Are Going Next Compare Brokers The post Layoffs Improve the Outlook of Verizon Stock appeared first on InvestorPlace.
Cyber Daily: Ransomware Hits and You Must Act Fast. What’s First? Cyber Daily: Ransomware Hits and You Must Act Fast. What’s First? By Kim S. Nash Good day. Six months after a ransomware attack locked up servers and disrupted operations in the wilderness borough of Matanuska-Susitna, Alaska, Eric Wyatt, who leads IT there, is still working to improve cybersecurity there.