Vodafone shuns offer from Iliad to tie up Italian businesses January 31, 2024 Shares in Vodafone fell over three per cent after it rejected an offer from French telecoms company Iliad to merge their Italian businesses.
Competition watchdog launches formal probe of Vodafone and Three tie-up January 26, 2024 The Competition and Markets Authority (CMA) has launched a formal investigation into the merger of Vodafone and Three. Back last June, Vodafone and CK Hutchinson, owner of Three, announced their long-awaited UK £15bn merger. The deal would combine the companies’ telecommunications operations under one single network provider. The CMA today has started its Phase 1 [...]
Vodafone inks 10-year deal with Microsoft amid efforts to save struggling European businesses January 16, 2024 Vodafone signed a decade-long partnership deal with Microsoft on Tuesday as it ramps up investment in its digital services amid a dramatic turnaround effort.
Private sector AI forum to launch in January, No10 announce December 20, 2023 A new artificial intelligence (AI) opportunity forum to explore private sector adoption of the technologies will launch in the new year, No10 have confirmed.
Vodafone share price rises as Iliad invites it to merge Italian operations December 18, 2023 Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding the project had the unanimous support of its board of directors. “The merged business would be expected to generate revenues of around £5bn and EBITDA of approximately £1.38bn (€1.6bn) for financial year ending March 2024,” Iliad said in a statement. [...]
Are dividends under threat at Vodafone, BT and peers? December 12, 2023 Why are dividends looking unsustainable for big telecom companies at a time when connectivity is so important?
Vodafone revenue falls as group pins future on UK and exits ‘challenging’ Spanish market November 14, 2023 Vodafone's group revenue has declined 4.3 per cent in the first half of the year — compared to the same period last year.
Why Vodafone’s Spain selloff has failed to impress investors and has them bidding adios October 31, 2023 Vodafone's sale of its Spanish business will fail to help reverse its fortunes, analysts say, as the company's share price fails to budge.
Vodafone offloads £4bn Spanish division as new CEO begins turnaround push October 31, 2023 Vodafone will sell its Spanish arm in what new CEO Margherita Della Valle describes as the start of a "right-sizing" effort at the telco giant
Vodafone and Three hit back at union concerns deal will kill competition October 17, 2023 Vodafone and Three have hit back at a warning from trade union Unite that their telco tie-up will stifle competition, threaten national security and raise customer bills by up to £300 a year.