Ex-boss of the stock exchange to join Vodafone board as non-exec May 19, 2014 FORMER London Stock Exchange (LSE) chief executive Dame Clara Furse has been snapped up by Vodafone, and will take a non-executive position on its board. The firm announced yesterday that Furse, who headed up the LSE for eight years, will also become a member of Vodafone’s audit and risk committee. The appointments begin in September this [...]
Vodafone shares are in the red this morning. Here’s why May 19, 2014 Vodafone shares have shed 0.9 per cent this morning, following news that telecoms firm AT&T is buying satellite television provider DirecTV. The $48.5bn deal will create not only a fierce competitor to other cable companies, but significantly lowers the odds that AT&T will continue considering buying Vodafone. The merged firm will have around 26m video [...]
Vodafone announces 150 new UK shops and 1,400 jobs April 3, 2014 Vodafone says it’s going to open 150 new shops across the UK, creating 1,400 jobs. The mobile phone giant is injecting a £100m boost into Britain’s high streets, taking its investment across the country to £1bn this year. The firm’s 2014 capital investment programme is the biggest in its history. Prime Minister David Cameron has, [...]
Vodafone challenges EE with 150 new stores April 2, 2014 VODAFONE is set to go on a high street spending spree, splashing £100m on opening 150 new retail stores over the next 12 months it announced today. Vodafone’s high street presence has lagged behind EE ever since the rival network was created from the merger of T-Mobile and Orange in 2010, leaving the new telecoms [...]
Vodafone’s Ono takeover marks a new chapter March 17, 2014 VODAFONE’S €7.2bn (£6bn) purchase of Spanish cable operator Ono was announced yesterday as the FTSE 100 firm said it has now started a new chapter in its corporate history. Shares in Vodafone jumped 1.73 per cent on news of the deal which will give Vodafone a stronger position in the Spanish market where it has [...]
Vodafone confirms £6bn Ono deal March 17, 2014 Vodafone has confirmed a deal to buy Spanish cable operator Ono with an offer that values the firm at €7.2bn (£6bn). Ono is the second-largest provider of broadband internet, pay television and fixed services in Spain, a market in which Vodafone has seen a reduction in both mobile customer numbers and earnings in recent years. [...]
Vodafone seals £6bn deal to buy Spain’s Ono March 17, 2014 VODAFONE is expected to today announce that it has secured a deal to buy Spanish cable operator Ono with an offer that values the firm at around €7.2bn (£6bn). Ono is the second-largest provider of broadband internet, pay television and fixed services in Spain, a market in which Vodafone has seen a reduction in both [...]
Ono investors reject second Vodafone bid March 13, 2014 ONO SHUNNED Vodafone’s improved takeover bid yesterday as the Spanish cable operator continues to race forward with plans for an initial public offering (IPO). Ono’s shareholders – including investment funds Providence Equity Partners, Thomas H Lee Partners and Quadrangle Capital – voted to proceed with IPO plans over coming weeks, despite Vodafone’s offer which was [...]
Vodafone’s second Ono takeover bid in deciding vote tomorrow March 11, 2014 SHAREHOLDERS of Spanish cable operator Ono will consider Vodafone’s second takeover bid tomorrow, understood to be an improved offer of between €7bn (£5.8bn) and €8bn. Last month Ono rejected Vodafone’s initial bid of €7bn, instead sticking to its original plan to pursue a public float. People close to the deal told City A.M. that Ono’s [...]
Vodafone launches partnership with Malala Yousafzai March 3, 2014 Mobile technology could bring 5.3m people out of illiteracy by 2020, according to telecoms operator Vodafone, which has released it's Vodafone Connected Women report. The research undertaken by Accenture and Oxford University's Said Business School, concluded that limiting female illiteracy in developing countries would allow women to gain new employment opportunities leading to an increase [...]