All change at the top of Vodafone as two members of executive committee retire September 29, 2022 It’s all change at the top of Vodafone as the company announces two members of its top committee have retired. Rosemary Martin and Johan Wibergh will step away from their roles after almost 20 years working for the company collectively. Martin retires as croup general counsel and secretary while Wibergh leaves as the group’s chief [...]
Vodafone takes crown once more as UK’s most valuable brand September 29, 2022 Vodafone has been named as the UK’s most valuable brand for the fifth year in a row, beating heavyweights HSBC and Shell to the top spot. The country’s top 75 brands are now collectively worth $282.9bn, up by one per cent year on year, the Kantar BrandZ Most Valuable UK Brands 2022 report has stated. [...]
Vodafone mulls £12bn phone mast sale to drive down debt September 25, 2022 Vodafone is looking to sell off its phone mast division, just days after French telcos giant Xavier Niel snapped up a stake in the firm. According to reports from This is Money, the £12bn sale could clear the company’s £36m debt, and ignite investor confidence in the beleaguered stock, which has tumbled nearly 14 per [...]
French tycoon Xavier Niel snaps up Vodafone stake in merger push September 21, 2022 French billionaire Xavier Niel has snapped up a 2.5 per cent stake in Vodafone, sending the British telecom shares climbing this morning.
Vodafone strikes deal to sell Hungary operation for £1.53bn August 22, 2022 Vodafone has struck a deal with a Hungarian tech firm 4iG and state-backed Corvinus Zrt to sell off its operations in the country for €1.8bn.
Shock fine for Sir Christopher Gent as FCA rules former Vodafone CEO ‘failed to apply his mind’ August 5, 2022 City watchdog the Financial Conduct Authority (FCA) said this morning it has slapped a fine on City insider Sir Christopher Gent of £80,000 for unlawfully disclosing inside information. While a non-executive Chairman of ConvaTec Group, “Sir Christopher disclosed inside information to individuals in senior positions at two of ConvaTec’s major shareholders before this information had [...]
UK saves the day for Vodafone as German market falters once again July 25, 2022 Vodafone posted a further revenue dip in its largest market Germany this quarter thanks to regulation woes.
Government and major businesses work together to help households with cost of living July 21, 2022 The government will collaborate with leading businesses to help UK households facing the cost of living crisis, it said today. The Cost of Living Business Tsar and ex-chief of Just Eat David Buttress agreed retail deals and discounts with major businesses in the UK like Asda, Sainsbury’s, Amazon, and Vodafone as part of the Help [...]
Supreme Court ruling paves way for 5G coverage expansion in the UK June 22, 2022 The Supreme Court handed down a fresh ruling this morning that makes it easier for telecommunications firms to deploy 5G infrastructure in the UK.
UK’s biggest phone companies colluded to bankrupt Phones 4U, High Court hears May 17, 2022 The UK’s major telecoms companies took part in a conspiracy to put Phones 4U’s out of business, lawyers acting on behalf of the bankrupt retailer told a High Court. Executives at five major phone companies – EE, Deutsche Telekom, Orange, Vodafone, and Telefonica – unlawfully “colluded” to drive Phones4U into administration in a bid to [...]