Vodafone enters fixed line market in Turkey
28th Jul 2011 08:12
Vodafone Turkey has agreed terms with the Koç Group to acquire Koç.net, the fixed voice and data services provider, for £11m. The move will enable Vodafone Turkey, a subsidiary of UK telecoms titan Vodafone, to enter the fixed line (ADSL) market for the first time and expand its enterprise divisi
Read moreLondon close: Footsie closes higher, despite afternoon sell-off
22nd Jul 2011 16:31
After a solid start on the back of positive developments in Europe, the Footsie trimmed gains in the afternoon as investors looked to lock in profits following a strong finish on Thursday. Despite touching as high as the 5,967 level before midday, the Footsie steadily declined to close at 5,935. Me
Read moreBroker snap: Mixed picture at Vodafone, outlook bright
22nd Jul 2011 15:33
Mobile phone group Vodafone's first quarter revenue was better than expected, according to Citi, which keeps its "buy" recommendation on the stock. Turning to the markets Vodafone operates in, Citi notes that Spain deteriorated as expected and the UK slowed, but Greece improved off a low base and I
Read moreVerizon rings in $1.19 billion
22nd Jul 2011 14:59
US mobile phone network Verizon has reported second quarter earnings per share (EPS) of $0.57 compared to the $0.55 expected by the consensus and the $0.42 loss in the second quarter of 2010. The company earned $1.61 billion over the last second quarter compared to the $1.19 billion loss from a yea
Read moreFTSE 100 movers: Financials mixed as investor lock in profits
22nd Jul 2011 14:18
The financial sector was mixed on Friday, despite rising strongly early on following yesterday's Eurozone deal to bailout Greece. Shares soared on Thursday after the region's leaders agreed a new aid package for Greece and an overhaul of the Eurozone sovereign rescue fund. While RBS bucked the tre
Read moreLondon midday: Banks in front as rally continues
22nd Jul 2011 12:21
Stocks are going strong after this morning's gains, with banks prominent among the risers, continuing their advance following the eurozone deal yesterday. Barclays, RBS and Lloyds are posting good gains. However, today's standout stock is easyJet, with the budget airline up 15% after saying it exp
Read moreLondon open: Banks keep rising, easyJet takes off
22nd Jul 2011 08:28
Stocks have continued rising following yesterday's Eurozone agreement, with banks unsurprisingly in the vanguard of the advance. Barclays, RBS and Lloyds are the top three risers in the FTSE 100. However, today's standout stock is easyJet, with the budget airline up 15% after saying it expects ful
Read moreLondon pre-open: Footsie sets sights on 5950
22nd Jul 2011 07:39
London is set to celebrate yesterday's agreement on a new aid package for Greece and an overhaul of the Eurozone sovereign rescue fund, though the gains are not as wild as might be expected, given that details of the agreement had been leaked throughout yesterday and so had already been priced into
Read moreVodafone sees revenue drain in Spain
22nd Jul 2011 07:12
Vodafone has seen revenue from its core business grow 1.5% in the second quarter of 2011 although the firm is certainly struggling against some serious headwinds in some markets. Spain, its third largest European market (after Germany and Italy) saw revenue drop 9.9% as the company was forced to cu
Read moreFriday preview: Vodafone, C&W Communications
21st Jul 2011 16:13
Mobile phone network powerhouse Vodafone has become a favourite of income investors, which hardly fits in with the image of the fast-growing sector in which it operates. The company said on Wednesday that it plans to list in India soon, though the timing will be dependent on market conditions. On
Read moreAdvanced Computer finds partner in Vodafone
15th Jul 2011 09:36
Healthcare software provider Advanced Computer Software Group (ACS) has clinched a partnership deal with Vodafone UK to supply its iNurse mobile phone application for nurses, giving them access to patient records on a smartphone. ACS did not disclose the financial terms of the deal. ACS's iNurse is
Read moreEssar sells stake in India's Vodafone Essar
1st Jul 2011 17:03
Mobile communications company Vodafone Group said its partners Essar Communications and ETHL Communications Holdings have sold their entire stake in Vodafone Essar, ending a four-year partnership in India. Vodafone will buy the 22% stake in Vodafone Essar held by Essar Communications's subsidiarie
Read moreVodafone sells stake in Polkomtel
1st Jul 2011 07:18
Vodafone, the mobile phones giant, has sold its 24.4% stake in Polkomtel, a Polish telecoms operator. The sale is worth £815m and will be made in cash to businessman Zygmunt Solorz-Zak's investment vehicle Spartan Capital Holdings. All the other shareholders in Polkomtel are said to be doing the sa
Read moreThursday tips round-up: Hunting, Vodafone, Anite...
30th Jun 2011 06:46
Hunting's global reach has always been among its chief attractions, in our view. And it was on show yesterday, when the oil and gas services group posted an update ahead of its half-yearly results in August. Thanks to its international reach, the group said it was well placed to capitalise on the re
Read moreLondon close: Miners, banks finish strongly
28th Jun 2011 16:33
The Footsie was bolstered by a decent start on Wall Street, as US house prices rose for the first time in eight months. Furthermore, global market sentiment was buoyed ahead of a critical vote in Greece to approve austerity measures, vital for the country to receive financial aid. French president
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