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Vodafone Group Public Limited Company (VOD)
After hours:
- Reuters
Mobile operator Vodafone cautious on 2023 outcome
LONDON (Reuters) -Vodafone, the European and African mobile operator, forecast earnings growth for the current year below market expectations on Tuesday, saying it hoped to deliver a resilient performance against a difficult economic backdrop. The British-listed mobile operator reported a 5% rise in its 2022 financial year core earnings, meeting the bottom of its guidance. Vodafone, which was backed by a $4.4 billion investment from the UAE-based telecoms company e& in recent days, said it expected to deliver a resilient financial performance in the year ahead.
- Financial Times
Crypto world howls over luna eclipse
Last week’s wobble, for what was supposed to be the most secure section of the twilight zone of cryptocurrencies, is a cause of angst for investors and serious reflection for regulators. The biggest stablecoin, tether, briefly broke its one-to-one link with the US dollar, while our weekend Big Read describes the demise of the cryptocurrency luna as the value of its sister token terraUSD fell to zero, despite being designed to track the dollar. Luna’s failure was “one of the greatest catastrophes crypto has ever seen,” according to Ran Neuner, a prominent crypto trader and outspoken enthusiast for the tokens.
- The Independent
Phones 4u begins court fight with networks after going into administration
Administrators have sued EE, Deutche TeleKom, Orange, Vodafone and Telefonica and made claims – which are denied – of ‘unlawful collusion’
