Berenberg keeps Vodafone at 'hold' following FY results
31st May 2022 15:15
(Sharecast News) - Analysts at Berenberg took a fresh look at telecommunications giant Vodafone following the group's full-year results last Friday.
Read moreVodafone warns on inflation as FY profits rise
17th May 2022 07:35
(Sharecast News) - Mobile telecoms group Vodafone on Tuesday posted a 5% rise in annual profits as its German operations performed strongly, but warned that inflation was likely to hit current-year figures.
Read moreTuesday preview: UK employment, Vodafone in focus
16th May 2022 15:59
(Sharecast News) - The market spotlight on Tuesday will be on UK employment with economists keen to see whether the labour market remains tight and how well - given the ongoing cost-of-living crisis - wage growth is holding up.
Read moreMiddle Eastern telco e& acquires 9.8% stake in Vodafone
16th May 2022 13:34
(Sharecast News) - Middle Eastern telecommunications firm e& has picked up an almost 10% stake in British mobile phone company Vodafone amid pressure for a shake-up of the business.
Read moreSunday newspaper round-up: Vodafone, Bank of England, Ukrainian grain
15th May 2022 15:02
(Sharecast News) - State-controlled Emirates Telecommunications Group has amassed a 9.8% stake in Vodafone. However, Etisalat, as the Abu Dhabi telecoms operator is know, has said it has no intention of making a takeover bid nor is it "seeking to exert control or influence". That statement in effect bars it from being able table a bid for six months. Be that as it may, Enders analyst., Karen Egan, believes that the move adds to the pressure on Vodafone boss, Nick Read, to accelerate his restructuring plans. The company, which is due to present results on Tuesday, was already facing calls from some of its main shareholders to slim its operations and boost returns. - The Financial Times on Sunday
Read moreJefferies cuts Vodafone to 'hold', cites 'intractable headwinds'
13th May 2022 07:47
(Sharecast News) - Jefferies downgraded Vodafone on Friday to 'hold' from 'buy' and cut the price target to 125p from 150p as it pointed to "intractable headwinds".
Read moreSunday newspaper round-up: Twitter, M&S, TalkTalk
17th Apr 2022 17:10
(Sharecast News) - Elon Musk has begun discussions with possible partners for a bid on Twitter after the iconic social media outfit put in place a so-called 'poison pill' in an attempt to thwart a mooted £33bn takeover. That stratagem was preceded by Twitter's rejection of an offer from Musk last Friday worth $54.20 a share. The pill would be activated should Musk take his own stake over the 15% threshold. - Sunday Times
Read moreTalkTalk considering possible £3bn sale
8th Apr 2022 12:15
(Sharecast News) - TalkTalk is facing a queue of potential suitors, it was reported on Friday, amid a global storm of telecom consolidations.
Read moreBerenberg downgrades Vodafone to 'hold'
5th Apr 2022 09:07
(Sharecast News) - Berenberg downgraded Vodafone to 'hold' from 'buy' on Tuesday and trimmed the price target to 145p from 150p, as it said there are simpler investments cases in the sector that are less reliant on M&A execution and offer more upside.
Read moreInfrastructure funds looking to invest in Vodafone's Vantage Towers - report
18th Mar 2022 09:00
(Sharecast News) - Global infrastructure funds have reportedly approached Vodafone to invest in its $16bn mast company Vantage Towers, but the telecoms group's preference is for an industry merger.
Read moreVodafone to sell down shareholding in Indus Towers
23rd Feb 2022 11:13
(Sharecast News) - Vodafone announced the sale of a partial stake in Indus Towers on Wednesday, launching a placing of 63.6 million Indus shares, or 2.4% of Indus' outstanding share capital.
Read moreVodafone rejects €11bn bid for Italian unit
10th Feb 2022 10:29
(Sharecast News) - Vodafone has rejected a takeover offer for its Italian business from French telecoms group Iliad, arguing it is not in the best interests of shareholders.
Read moreFrance's Iliad 'made offer' for Vodafone Italy unit - report
8th Feb 2022 08:10
(Sharecast News) - France's Iliad made an offer for Vodafone's Italian unit last week, according to a report on Monday that cited people with knowledge of the matter.
Read moreSunday newspaper round-up: Tesco, Vodafone, Bank of England
6th Feb 2022 19:22
(Sharecast News) - The head of Tesco, John Allan, thinks the worst of food price inflation "is yet to come", predicting that it will soon rise to 5%. In remarks to the BBC, the chairman of the grocer said: ""In some ways the worst is still to come - because although food price inflation in Tesco last quarter was only 1%, we are impacted by rising energy prices. Our suppliers are impacted by rising energy prices. We're doing all we can to offset it ... but that's the sort of number we're talking about. Of course, 5%." - Guardian
Read moreVodafone reiterates FY guidance as Q3 revenues rise
2nd Feb 2022 07:06
(Sharecast News) - UK telecoms giant Vodafone reported higher third-quarter services revenue driven by growth in Europe and Africa as it reiterated annual guidance.
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