Vodafone's chief technology officer steps down
15th Jan 2015 08:09
Vodafone's chief technology officer Steve Pusey is retiring from the company on 31 July 2015, according to a statement on Thursday. Pusey has been with the group for eight years during which he has led the global expansion of Vodafone's 3G services and the launch of 4G in 15 countries. Johan Wiberg
Read moreBT may unveil exclusive mobile talks as soon as Monday - report
15th Dec 2014 10:39
UK telecoms group BT could take a step forward in its bid to buy a mobile phone operator on Monday, according to a report. BT may announce exclusive talks with either EE or Telefonica's O2, news agency Bloomberg cited unidentified sources as saying. BT is believed to favour O2, but has continued to
Read moreFriday broker round-up
5th Dec 2014 09:48
Amino Technologies: N`+1 Singer ups target price from 107p to 141p and keeps a 'buy' recommendation. Barr (AG): Numis upgrades from 'hold' to 'add' with a target price of 659p. Jefferies reduces target price from 678p to 510p and downgrades to 'sell'. Betfair: JP Morgan increases target price from
Read moreVodafone Foundation to fund mobile service to help expand internship website
4th Dec 2014 08:02
Vodafone has announced that its foundation had agreed a partnership with UK-based paid internships website Intern Avenue to help expand the service across Europe. It comes after a report by independent think-tank, the Institute for Strategic Dialogue, recommended that public and private sector organ
Read moreWednesday broker round-up
3rd Dec 2014 09:41
AstraZeneca: Morgan Stanley increases target price from 4100p to 4300p, while downgrading to 'underweight'. BG Group: Barclays reduces target price from 1300p to 1100p and reiterates an 'equal-weight' rating. Credit Suisse reduces target price from 1050p to 940p and maintains an 'underperform' ratin
Read moreDeutsche Bank tells Sky not to panic
2nd Dec 2014 16:43
Sky, in reaction to BT's takeover talks with EE and O2, is reportedly evaluating potential acquisitions. The wider consolidation sweeping through the telecoms sector involves the integration of internet, mobile and television content. Sky is said to be currently in talks with Lazard, an inves
Read moreBroker tips: Vodafone, Aviva, Northgate
2nd Dec 2014 11:41
Following reports the Vodafone (VOD) is exploring a possible combination with Liberty Global, UBS has said the UK telecoms group may have to wait until its shares rise before undertaking such a sizeable deal. "Near-term, we think the focus for VOD is on driving organic growth, integrating recent acq
Read moreVodafone may have to wait before tie-up with Liberty Global, says UBS
2nd Dec 2014 09:36
Following reports the Vodafone (VOD) is exploring a possible combination with Liberty Global (LBTY), UBS has said the UK telecoms group may have to wait until its shares rise before undertaking such a sizeable deal. The bank kept a 'buy' rating and 265p target price for the London-listed stock. Blo
Read moreBroker tips: Oil stocks, IHG, Vodafone, Balfour Beatty
1st Dec 2014 12:30
A continued drop in oil prices was weighing heavily on the exploration and production sector again on Monday, with stocks dampened further after a number of ratings downgrades by US broker JPMorgan Cazenove. The bank has cut its recommendations for UK-listed Afren (from 'overweight' to 'underweight'
Read moreLondon midday: UK stocks on track for two-week low as factory data disappoints
1st Dec 2014 11:28
UK stocks dropped on Monday and were set to close at their lowest level in over two weeks as disappointing economic data and weaker oil prices pushed shares in the resource sectors lower. Aberdeen Asset Management was a standout riser after impressing with its annual results, but oil producers and m
Read moreCredit Suisse lifts target price for Vodafone
1st Dec 2014 09:37
Credit Suisse has lifted its target price for Vodafone, saying that price erosion is slowing and usage of 4G is accelerating at the telecoms giant. The bank raised its target for the shares from 220p to 250p and reiterated its 'outperform' recommendation. "Vodafone Europe is likely to continue to r
Read moreVodafone to takeover Tesco's streaming service
30th Nov 2014 11:44
Mobile phone provider Vodafone is set to acquire Tesco's video streaming service Blinkbox, as it aims to enter the pay-TV market. The stricken retail giant is set to offset its loss-making on-demand service and negotiations with Vodafone are at an advanced stage after other interested parties have p
Read moreFTSE 100 movers: Mining and telecom stocks on the rise
26th Nov 2014 15:29
MIning stocks were leading the risers on the FTSE 100 on Wednesday, rebounding after recent declines. Antofagasta topped the list, rising 3.7%, with peers Anglo American, Fresnillo and Randgold also registering decent gains. BT Group was continuing to rise after saying that it was in talks with vari
Read moreSector movers: M&A hopes lift telecoms as BT and Vodafone gain
26th Nov 2014 14:26
Continuing bid speculation pushed stocks in the telecoms sector higher on Wednesday with heavyweights BT and Vodafone both on the rise. BT, up 2.4% by late afternoon, was extending recent gains after it was confirmed that the fixed-line telecoms provider was in talks with at least two groups about b
Read moreLondon midday: Mining stocks and telecoms M&A give FTSE a lift
26th Nov 2014 11:42
Decent gains from miners and M&A speculation in the telecoms sector gave UK stocks a boost on Wednesday, along with data which confirmed that the British economy expanded as expected in the third quarter. London's FTSE 100 was up 0.2% at 6,747 by midday, with resource shares leading the charge, rebo
Read more