|Bid||179.10 x 0|
|Ask||185.00 x 0|
|Day's Range||179.32 - 183.00|
|52 Week Range||178.72 - 239.65|
|PE Ratio (TTM)||17.65|
|Forward Dividend & Yield||0.13 (6.96%)|
|1y Target Est||2.29|
Something about India’s telecom sector attracts its grasping state like a bee to honey. The most egregious recent example is the government’s attempt to profit off a possible merger between two of the biggest remaining telecom companies -- Vodafone India Ltd. and Idea Cellular Ltd. The merger -- which was supposed to have been completed last month -- would create India’s largest mobile services company, and the world’s second-largest after China Mobile Ltd. Almost a year ago, India’s competition commission said the two firms could go ahead. Most analysts viewed the merger as a way for Vodafone to edge quietly out of India after years of disappointment.
After a couple of decades, it would seem that the idea of free trade or cooperative trade would be an accepted global practice. To fulfill campaign promises and appease his base, Trump is promising “fair trade” and “better deals” for American industry and workers. The chilling effects of trade tensions were felt publicly when badass American icon Harley-Davidson (NYSE:HOG) announced that it would be offshoring international manufacturing for foreign markets due to the threat.
Vodafone Group Plc said it received approval from the Indian government to combine with Idea Cellular Ltd., a deal first announced 16 months ago. India’s Department of Telecommunication has approved the merger provided arrears amounting to as much as 72.5 billion rupees ($1.1 billion) are paid to the government, according to the department’s order seen by Bloomberg. The combination will create India’s largest mobile-phone company and help the firms compete with billionaire Mukesh Ambani’s Reliance Jio Infocomm Ltd., which upended the world’s second-largest mobile-phone market by offering free calls and cheap data.
Vodafone has launched two wearable devices as it looks to make a mark in the internet of things consumer market.
When Vodafone hired the singers Dua Lipa and Liam Payne to perform last year at an event to launch its Voxi youth network, it was the latest sign of a big telecoms company looking to refresh its brand. Telecoms companies are striving to reconnect with consumers and avoid being seen as mere utilities, even as internet businesses capture an ever-larger share of consumer attention. Twenty years ago, telecoms companies were the kings of Adland.
Alibaba Group Holding Ltd. is in talks with BT Group Plc about a cloud services partnership as the Chinese internet giant challenges Amazon.com Inc.’s dominance in Europe. An agreement between Alibaba and the IT consulting unit of Britain’s former phone monopoly could be similar to Alibaba’s existing arrangement with Vodafone Group Plc in Germany, according to a person familiar with the matter, who asked not to be identified as the talks are private. A BT spokeswoman confirmed by email that the U.K. telecom company is in talks with Alibaba Cloud and declined to give details.
has developed a drone detection system to help stop rogue devices from interfering with buildings such as power plants and prisons. The company expects the system to be fully operational by the autumn, when it plans to sell it to business customers that need to protect sensitive locations, such as airports, power stations or factories. The rising use and sophistication of unmanned aerial vehicles has raised security concerns about drones inadvertently causing security concerns or deliberately being used for malicious purposes.
Vodafone’s (VOD) stake in its African subsidiary Vodacom is set to fall. Vodacom is based in Johannesburg, South Africa, but it operates in several African countries, including Mozambique, Tanzania, and the Democratic Republic of the Congo.
What’s striking about Vodafone (VOD) is that it isn’t acting like everyone else in the industry in the hot race to deploy 5G (fifth-generation) networks. In the United States, Verizon (VZ) and AT&T (T) are working to launch 5G services in select markets later in 2018, while T-Mobile (TMUS) and Sprint (S) are eyeing nationwide 5G coverage by around 2020.
Inc. Mr. Combes was previously chief executive at Altice NV, a Netherlands-based telecommunications company. “Andrew has significant experience in the telecommunications industry here in America and around the world, making him an invaluable addition to Sprint’s leadership team,” Mr. Combes said in a statement.
(Reuters) - Sprint Corp (S.N) said on Friday it named Andrew Davies chief financial officer ahead of its pending merger with rival T-Mobile US Inc (TMUS.O). Davies replaces Michel Combes, who was promoted ...
British telecom giant Vodafone has become the latest big brand to move some of its essential marketing functions in house—a move that shows exactly what advertising agencies are up against. The company will take direct responsibility for £160 million ($212 million) of its digital ad buying, according to Campaign. It will hire its own teams…
Vodafone Group Plc’s unit in Ghana will proceed with plans to list on the local stock exchange if talks with the government over unfulfilled funding pledges lead to a resolution. The West African nation holds a 30 percent stake in the company after it sold its telecommunications utility to Vodafone for $900 million in 2008. Vodafone Ghana is yet to record an after-tax profit, Chief Executive Officer Yolanda Cuba said Tuesday in an interview in the capital, Accra.
Vodafone's (VOD.L) Ghana business plans to list on the local stock market after restructuring its loans, the head of the local unit told Reuters on Tuesday. Yolanda Zoleka Cuba said Vodafone was in talks with the West African country, which owns a 30 percent stake, to restructure its debt. The world's largest mobile group by revenue paid $900 million for a 70 percent stake in state-run Ghana telecom in 2008 while the government retained the remaining 30 percent with an enterprise value of around $1.3 billion at the time.
BT Group BT is the incumbent telecom operator in the United Kingdom. In 2016, it bought EE, the country's largest wireless telecom operator, creating the only company that owns fixed-line as well as wireless telephone networks in the U.K. The U.K. has been slow to move to converged services, but we believe this acquisition will lead BT to push convergence similar to leading operators in several other European countries. BT's scale as the U.K.'s largest fixed-line, broadband, and wireless telecom operator provides the company with a narrow economic moat due to cost advantages.
I am writing today to help inform people who are new to the stock market and want a simplistic look at the return on Vodafone Group Plc (LON:VOD) stock. VodafoneRead More...
Vodafone said on Wednesday it will begin testing next-generation 5G mobile networks in seven of Britain's 10 largest cities later in 2018, part of a plan to start limited deployments in dense urban areas in some markets next year. Management of global operator Vodafone Group has signalled it is in no rush to roll out 5G, seeing the potential tenfold increase in mobile broadband data speeds it offers as a way to wring greater efficiencies out of network choke points initially. Vodafone UK, Britain's third largest mobile operator, said it is laying the groundwork for 5G services as a supplement to existing 4G networks at 40 locations around Birmingham, Bristol, Cardiff, Glasgow, Liverpool, London and Manchester.
WallStEquities.com has selected the following Wireless Communications stocks for review this morning: Vodafone Group PLC (NASDAQ: VOD), Public Joint-Stock Company Mobile TeleSystems (NYSE: MBT), SK Telecom Co. Ltd (NYSE: SKM), and Telefonica Brasil S.A. (NYSE: VIV). The wireless telecommunications services industry is directly linked to the ubiquitous mobile phone, and increasingly other modern connected devices.
Vodafone said on Wednesday it will begin testing next-generation 5G mobile networks in seven of Britain's 10 largest cities later in 2018, part of a plan to start limited deployments in dense urban areas in some markets next year. Management of global operator Vodafone Group has signaled it is in no rush to roll out 5G, seeing the potential tenfold increase in mobile broadband data speeds it offers as a way to wring greater efficiencies out of network choke points initially. Vodafone UK, Britain's third largest mobile operator, said it is laying the groundwork for 5G services as a supplement to existing 4G networks at 40 locations around Birmingham, Bristol, Cardiff, Glasgow, Liverpool, London and Manchester.
While AT&T Inc. (NYSE:T) has gone haring off after video content with its Time Warner Corp. (NYSE:TWX) acquisition, Verizon Communications Inc. (NYSE:VZ) seems to have stayed at home, hiring a telecom equipment executive as its next CEO. It will be interesting to see what he does for Verizon stock. The trouble is, Verizon can’t afford to play the big media game.
Moody's Investors Service ("Moody's") has today changed to stable from positive the outlook on Digi Communications N.V. ("Digi" or "DCS"), the parent company for RCS & RDS S.A. ("RCS&RDS"), a leading pay- TV and communications services provider in Romania and Hungary. Concurrently, the agency has affirmed the B1 corporate family rating (CFR), B1-PD probability of default rating and the B1 senior secured debt rating at DCS.
is the world's largest international TV and broadband company, with operations in 11 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC. Liberty also serves 7 million mobile subscribers and offers Wi-Fi service through 12 million access points across its footprint. In addition, Liberty Global owns 50% of VodafoneZiggo, a joint venture in the Netherlands with 4 million customers subscribing to 10 million fixed-line and 5 million mobile services, as well as significant investments in ITV, All3Media, ITI Neovision, Casa Systems, Lionsgate, the Formula E racing series and several regional sports networks.
In March 2018, Vodafone Group Plc (LSE:VOD) announced its latest earnings update. Overall, the consensus outlook from analysts appear bearish, with profits predicted to drop by -44.22% next year. ThoughRead More...
BRUSSELS/STOCKHOLM (Reuters) - Deutsche Telekom (DTEGn.DE) faces a four-month investigation into its bid to buy the Dutch business of Swedish peer Tele2 (TEL2b.ST) after EU antitrust regulators voiced concerns about the deal. The European Commission's investigation, which began on Tuesday, underscores its hard line against telecoms deals which reduce the number of players in a market from four to three and could hit consumers with higher bills. "We are opening this in-depth investigation to ensure, that the proposed transaction between T-Mobile NL and Tele2 NL will not lead to higher prices or less choice in mobile services for Dutch consumers," European Competition Commissioner Margrethe Vestager said in a statement.