Vodafone shares rise as it mulls stock market float for mobile mast business July 26, 2019 Shares in Vodafone jumped more than seven per cent this morning after it announced plans to spin off its mobile masts business into an independent company that could be floated on the stock exchange. Chief executive Nick Read said the move will create Europe’s largest tower company, with around 61,700 masts in 10 markets. Read [...]
Vodafone chairman defends dividend cut as firm fends off pay revolt July 23, 2019 Vodafone has defended its controversial decision to slash its dividend as the firm fended off threats of a shareholder revolt. Chairman Gerard Kleisterlee admitted the last year had been a “low point” for Vodafone and the industry as a whole, but insisted the decision to slash the payout had not been taken lightly. Read more: [...]
Ranked: These are the UK’s worst broadband and mobile firms July 23, 2019 Plusnet has topped a list of highest number of complaints for a broadband provider for the second quarter in a row. The Sheffield-based telecoms firm received 31 complaints per 100,000 customers between January and March, according to figures published today by regulator Ofcom. Read more: Which telecoms companies have the worst customer service? Plusnet was [...]
Vodafone gets the green light for $22bn Liberty Global acquisition July 18, 2019 Vodafone has secured approval from EU regulators for its $22bn (£17.6bn) takeover of Liberty Global assets. The European Commission today said it has approved the merger on the condition that Vodafone complies with a string of commitments. Read more: Shareholders poised to oppose Vodafone pay report in dividend row The deal will see Vodafone take [...]
Vodafone looks to woo business as it switches on 5G network July 3, 2019 Vodafone today switched on its 5G network in seven cities across the UK, rolling out a new range of plans in a bid to attract business customers. Vodafone is the second mobile provider to roll out the high-speed network in the UK, following EE’s launch at the end of May. Read more: Vodafone taps up [...]
Vodafone: Has the share price found a floor? June 11, 2019 | City Talk By Graeme Evans from interactive investor. At extreme levels and with a heap of bad news priced in, this analyst discusses how they can recover. Rebuilding confidence in the battered Vodafone (LSE:VOD) share price won’t be quick or easy, particularly with sentiment still largely negative after last month’s first ever dividend cut. What matters most at the moment is [...]
Vodafone dividend cut: which UK shares might be next? May 28, 2019 | City Talk By Tom Bailey from interactive investor. Vodafone's cut might be a canary in the coalmine for FTSE 100 shares. Over the past year the market has increasingly cooled on Vodafone (LSE:VOD). The company has a long list of problems, including the high cost of 5G investment, being squeezed by competition on the continent and high [...]
How long will luck last for Centrica’s 13% dividend yield? May 23, 2019 | City Talk Times are hard and the yield screams danger, but Centrica has not cut the payout. Next results are key. The press was awash with stories predicting a nasty cut to Vodafone (LSE:VOD) dividend before it published full-year results. Few would be surprised. But BT (LSE:BT.A) kept shareholders on side by committing to its generous payout, and Centrica (LSE:CNA), one of [...]
Why Vodafone is still backed to hit 250p April 23, 2019 | City Talk By Graeme Evans from interactive investor. Some sense a shift in the balance towards more favourable news at the start of the new financial year. Despite a fruitful start to 2019 for most FTSE 100 index stocks, the mood of many investors will have been tempered by further uncertainty over the prized dividend at Vodafone [...]
Lloyds Bank stars as FTSE 100 rockets in Q1 April 9, 2019 | City Talk By Graeme Evans from interactive investor. After a great first quarter for stock markets, we assess the best and worst blue-chips of 2019 so far. It’s been a storming start to 2019 for the FTSE 100 index, with popular interactive investor stocks including Lloyds Banking Group (LSE:LLOY), Next (LSE:NXT) and Tesco (LSE:TSCO) among those on [...]