Vodafone share price rises as profits dive but beat expectations November 11, 2014 Shares in Vodafone rose more than five per cent in mid-morning trading, despite the fact figures it published today showed pre-tax profits collapsed 73 per cent to £406m in the six months ended 30 September. However, forecasts for core earnings were raised. Basic earnings per share took a heavy hit, falling almost 70 per cent. [...]
Vodafone plans to hike dividend November 9, 2014 TELECOMS giant Vodafone is set to raise its dividend by between two and five per cent tomorrow as the group reports its half-year results. The move comes as analysts predict that the FTSE 100-listed firm will report a 12 per cent fall in earnings to £5.8bn. Earnings are likely to have been weighed by its [...]
Vodafone probe into allegation of fraud at Ono October 27, 2014 Vodafone has launched a probe to investigate an allegation of fraud at Ono, the Spanish cable company which the mobile phone giant took over in July this year. The allegation relates to a possible tax fraud in part of Ono’s business, which could have over-inflated the company’s profits ahead of the takeover deal, which was [...]
Vodafone in 5G research deal with Dresden September 25, 2014 VODAFONE has agreed a partnership to develop next generation mobile technologies, based around so-called 5G, with Dresden University of Technology. The partnership will see Dresden join a fleet of universities already working with the operator on research efforts, including University of Surrey, King’s College London and Carnegie Mellon University in the US. “While 5G is [...]
Vodafone saves nearly 900 jobs with Phones 4U buyout September 20, 2014 Vodafone announced yesterday that it is buying 140 Phones 4U outlets – a move that will save 887 jobs as the troubled retailer enters administration. Earlier this week, Phones 4U closed its 550 standalone stores after EE became the last mobile operator to terminate its sales through the stores. PwC, the company overseeing [...]
Phones 4u administrator could sell parts of the business to Vodafone and EE September 16, 2014 The administrator for Phones 4u is in talks to sell off parts of its business to EE and Vodafone, according to reports. The two mobile operators recently withdrew their business in Phones 4u, causing the high street mobile retailer to collapse into administration. The Financial Times has reported that the same two companies are now [...]
Scottish independence: BT, TalkTalk, EE, Telefonica, Vodafone and Three warn of increased costs if Scots vote Yes September 14, 2014 Six of Britain's leading telecoms companies are the latest to warn of potential price rises if Scotland votes Yes to independence. The chiefs of BT, TalkTalk, EE, Telefonica UK, Vodafone UK and Three UK have issued a joint letter warning that the uncertainty around regulation and spectrum allocation, which mobile networks use to operate, could [...]
iPhone 6 and iPhone 6 Plus UK release date and prices: Pre-orders begin at Apple, EE, O2, Three and Vodafone September 11, 2014 Apple fans eager to get their hands on the shiny new iPhones revealed on Tuesday won’t have long to wait. Both devices are available for pre-order from today in the UK ahead of their release on 19 September. The devices can be ordered directly from Apple online as well as from the major mobile networks [...]
Phones 4u loses key Vodafone contract in 2015 September 1, 2014 High street mobile retailer Phones 4u saw the value of its debt, listed on the Irish stock exchange, plummet over 50 percentage points yesterday after Vodafone announced it would not renew its contract with the group. Vodafone, which accounted for 27 per cent of Phones 4u’s contract sales and 16 per cent of its pay [...]
City A.M. helps Vodafone to launch its refurbished store August 27, 2014 Vodafone enjoyed a momentous day in the City yesterday – not least because City A.M.’s chief executive Jens Torpe and The Capitalist went down to its new store on Fenchurch Street, cutting the ribbon on the newly spruced up premises. The store is part of the mobile giant’s £100m investment in the high streets. UK [...]