|Bid||126.02 x 0|
|Ask||126.12 x 0|
|Day's Range||125.64 - 127.32|
|52 Week Range||122.22 - 199.86|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.13 (9.38%)|
|1y Target Est||2.01|
BENGALURU (Reuters) - Bharti Group and Vodafone Group Plc have proposed that industry veteran Bimal Dayal should head the combined tower venture of Indus Towers Ltd and Bharti Infratel Ltd, the companies ...
When Vodafone cut its dividend by 40 per cent last week, it joined a growing number of FTSE 100 groups that have inflicted pain on shareholders. In February, Marks and Spencer, another stock popular with retail investors, said it would drop its payout by the same amount. In both cases the cuts marked a stark shift in policy: M&S had not cut its payout in a decade, while Vodafone had held off for almost 20 years.
CVS Health Corp., Vodafone Group PLC, Occidental Petroleum Corp. and BT Group PLC have declined to their respective 3-year lows
Britain’s mobile phone companies could claw back more than £220m after winning a legal case against the regulator Ofcom over the annual fees paid on the spectrum. The judge immediately granted the regulator the right to appeal but if that fails then the funds would be recovered from the Treasury and returned to the networks. to boost signals in the countryside by reducing annual licence fees (ALFs).
Moody's Investors Service, ("Moody's") has today assigned a first-time B1 Corporate Family Rating ("CFR") and a B1-PD Probability of Default Rating ("PDR") to Masmovil Ibercom, S.A. ("Masmovil"). Concurrently, Moody's has assigned a B1 rating to the E1,450 million senior secured Term Loan B due in 2026, the E100 million senior secured revolving credit facility due in 2024 and the E150 million senior secured Capex facility due in 2024 and raised by MasMovil Holdphone S.A.U. (100% subsidiary of Masmovil). "The B1 rating reflects Masmovil's success as the fourth largest telecommunications company in Spain, consistently growing revenues at double-digit rates and achieving a market share of close to 16% in residential mobile and 8% in the residential fixed segment since its creation in 2006," says Carlos Winzer, Moody's Senior Vice President, and lead analyst for Masmovil.
Targeted capital allocation has enabled On The Beach to expand its market share, despite the general cooling, writes Tom Dines. Adjusted pre-tax profits were up 14 per cent in the six months to March, on revenue growth of 41 per cent, but management warned that the “ongoing uncertainty” arising from Brexit meant trading in the background market was 10 per cent weaker in 2019. It also launched Classic Package Holidays, an online booking portal for travel agents to complement its growing business-to-business offering, which kicked off with the acquisition of Classic Collection Holidays last August.
Vodafone used to be one of our great companies, one of the global leaders, present in most of the world’s major markets. Its sponsorship of sporting events made it a household name. In 2000 its shares topped 400p at a time when it was bidding for and subsequently acquired Mannesmann. That was 19 years ago.
Australia's anti-trust regulator apologised "unreservedly" for publishing confidential information about its decision to block a $10 billion merger of TPG Telecom and Vodafone's Australian joint venture, blaming a flaw in its website. The Australian Competition and Consumer Commission's (ACCC) decision to reject the deal was uploaded to its website an hour before the market closed on May 8, catching investors unawares as they were expecting a decision on the next day. "We apologise unreservedly for this unfortunate and serious incident," ACCC Chief Operating Officer Rayne de Gruchy said.
A deal to merge Vodafone's tower infrastructure in Italy into INWIT, the mast group 60 percent owned by Telecom Italia (TIM), will be signed by the summer, INWIT's Chief Executive Giovanni Ferigo said on Wednesday. The deal is part of a three-year strategy plan ironed out earlier this year by TIM CEO Luigi Gubitosi aimed at reviving Italy’s biggest phone group which is saddled with more than 25 billion euros ($28.34 billion) of debt.
Samsung has revealed the Galaxy S10 5G will go on sale in the UK June 7th,initially on Vodafone and EE, and it'll be available in its majestic black andcrown silver finishes
Facebook-owned WhatsApp has more than 1.5bn users and touts its end-to-end encryption as an important security feature that encourages people to use it for text, audio and video messaging worldwide. the discovery of WhatsApp hack attacks, using software developed by an Israeli start-up that can embed a surveillance program in smartphones. The Pegasus spyware developed by NSO Group can turn on a phone’s microphone and camera, trawl through emails and messages and collect location data.
British broadband, phone and pay-TV firms must tell customers about their best deals to encourage them to switch away from uncompetitive contracts long after the initial offer period ends, British telecoms regulator Ofcom said on Wednesday. Ofcom said more than 20 million people had passed their initial contract period and many of them were now paying more than they needed to. It said customers who bundled their landline and broadband services together paid, on average, around 20% more when they are 'out of contract', rising to 26% for customers who also took a pay-TV service in their contracts.
When Vodafone embarked on a £19bn investment drive in 2013, it was anticipating a return to growth in its core European markets. Using cash from the $130bn sale of its stake in Verizon Wireless, the UK mobile group upgraded its network as it targeted expansion in broadband and television. ”, the company that sprung one of the greatest coups in corporate history with its £112bn purchase of Germany’s Mannesmann in 2000 has achieved its aims.
European shares gained on Tuesday, recovering most of the previous session's losses, as optimistic comments from Washington and Beijing helped soothed investors' fears about the top two economies' intensifying trade spat. U.S. President Donald Trump said he had an "extraordinary" relationship with Chinese President Xi Jinping and trade talks had not yet collapsed. Earlier in the day, China said it agreed to continue talks on trade.
The big UK-listed telecoms group is excited about TOBi. to the dividend on Tuesday could be the first of many, unless Vodafone can deploy new technology to lower costs and revive growth. Nick Read has complied with his factory settings as the new bossdroid.
Telecoms operators’ historic tendency toward outsized dividends has tied up capital that might have been better spent on new technologies. Since he was promoted to the position of Vodafone’s chief executive in October, Nick Read has been adamant that the dividend was sustainable. Its 18 billion-euro ($20.2 billion) purchase of Liberty Global Plc’s cable assets in Germany and eastern Europe has increased Vodafone’s debt to 2.9 times Ebitda, above the peer average.
The new boss of Vodafone cut the mobile operator's dividend for the first time, securing the firepower it needs to build 5G networks and complete its acquisition of Liberty Global assets. Nick Read, the former CFO who has been in the top job since October, said the decision to cut one of the biggest payouts in Britain had not been taken lightly, but was needed to bring down debt and invest in new technologies.