UAE's e& lifts stake in Vodafone to 14%

28th Feb 2023 12:48

(Sharecast News) - UAE telecommunications company e&, formerly Etisalat, has upped its stake in London-listed Vodafone Group again.

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Vodafone weighing options for Vodacom - report

16th Feb 2023 15:36

(Sharecast News) - Vodafone is reportedly exploring options for its African business as investors ramp up pressure on the UK telecom company to boost performance.

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Liberty Global takes 4.9% stake in Vodafone, rules out offer

13th Feb 2023 23:31

(Sharecast News) - Liberty Global purchased a stake in rival Vodafone in what market observers described as an opportunistic bid - but ruled out a possible offer .

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Weak Europe trade hits Vodafone Q3 revenue

1st Feb 2023 07:06

(Sharecast News) - Telecoms giant Vodafone said revenues fell in the third quarter as the economic slowdown hit trading in Continental Europe and offset a good performance in the UK.

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UAE's e& increases stake in Vodafone Group

18th Jan 2023 08:32

(Sharecast News) - UAE telecommunications company e&, formerly Etisalat, has upped its stake in London-listed Vodafone Group.

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Vodafone planning hundreds of job cuts, mainly in London - report

13th Jan 2023 07:21

(Sharecast News) - Vodafone is reportedly planning to make its biggest round of job cuts in five years as it looks to rein in costs and revive its stuttering performance.

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BofA upgrades Vodafone to 'buy', says dividend cut 'arguably' priced in

12th Jan 2023 14:48

(Sharecast News) - Analysts at Bank of America upgraded their recommendation for shares of Vodafone from 'neutral' to 'buy'.

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Head of Vodafone Spain steps down

12th Jan 2023 08:47

(Sharecast News) - The chief executive of Vodafone Spain has stepped down in the latest shake-up of senior management at the telecoms giant.

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Hungary exempts Vodafone from competition probe

10th Jan 2023 07:40

(Sharecast News) - Hungary has exempted the purchase of a 51% stake in Vodafone's Hungarian unit by local firm 4iG from a competition probe, according to a government decree.

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Vodafone enters binding terms on sale of Hungary business

9th Jan 2023 07:03

(Sharecast News) - Vodafone said it had entered into binding terms in relation to the sale of its Hungary unit to local IT company 4iG and state-owned Corvinus for €1.8bn.

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Sunday newspaper round-up: Power prices, Broadband bills, Brexit protocol

11th Dec 2022 20:35

(Sharecast News) - Power prices hit a record high due to a combination of a cold snap and a dearth of wind. Power prices in the UK for a day ahead hit a record £675 per megawatt hour on the Epex Spot Exchange on Sunday as the country was blanketed with snow and temperatures fell below zero. At the peak hours between five and six o'clock power costs surged to £2,586 per megawatt hour. Furthermore, National Grid forecast that power demand would peak at nearly 46,700 megawatts on Monday, versus 43,000 MW on Sunday. Energy supply from wind meanwhile fell to about 5% of the country's demands on Sunday, against an average of 28.5% over 2022. - The Sunday Telegraph

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Emirates Telecommunications lifts stake in Vodafone

7th Dec 2022 11:52

(Sharecast News) - Emirates Telecommunications has lifted its stake in Vodafone to 11% from 9.8%.

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Vodafone CEO Nick Read to step down

5th Dec 2022 07:03

(Sharecast News) - Vodafone said chief executive Nick Read would step down at the end December after a year in which the telecoms group as seen its share price plummet and activist investors attack its growth strategy.

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Vodafone chief commercial officer to step down

22nd Nov 2022 10:53

(Sharecast News) - Vodafone said on Tuesday that group chief commercial officer Alex Froment-Curtil is planning to leave the company to return to France with his family "for an external opportunity in another industry" effective 31 December.

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Vodafone agrees Vantage Towers JV with GIP, KKR

9th Nov 2022 09:57

(Sharecast News) - Vodafone said on Wednesday that it has agreed a joint venture deal with infrastructure fund manager Global Infrastructure Partners (GIP) and private equity firm KKR to hold its 81.7% stake in Vantage Towers, valuing the mobile towers business at €16.2bn.

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