|Bid||127.04 x 0|
|Ask||127.08 x 0|
|Day's range||126.00 - 127.88|
|52-week range||0.99 - 1,602.00|
|Beta (5Y monthly)||0.72|
|PE ratio (TTM)||N/A|
|Earnings date||12 May 2020|
|Forward dividend & yield||0.08 (6.20%)|
|Ex-dividend date||11 Jun 2020|
|1y target est||2.01|
Ford Motor has signed a deal with Vodafone to install a fifth-generation technology network at its electrified powertrain facility in Essex.
The project is part of a 65-million-pound investment in 5G backed by the UK government, according to Ford and Vodafone, and would be among the first of its kind in Britain. The private 5G network at Ford's facility will replace older Wi-Fi networks and help speed up the production of EV components, according to the companies.
British security officials have told UK telecom operators to ensure they have adequate stockpiles of Huawei equipment due to fears that new U.S. sanctions will disrupt the Chinese firm's ability to maintain critical supplies, according to a letter seen by Reuters. Britain granted Huawei a limited role in its future 5G networks in January, but Prime Minister Boris Johnson has since come under renewed pressure from Washington and some lawmakers in his own party who say the company's equipment is a security risk. Huawei has repeatedly denied the allegations.
CommScope (COMM) brings an avant-garde product backed by next-gen broadband technology, DOCSIS 3.1, to enhance the connected home experience of Vodafone Germany's subscribers.
"The UK's leadership in 5G will be lost if mobile operators are forced to spend time and money replacing existing equipment", Scott Petty, Vodafone UK's chief technology officer, told Reuters in an emailed statement. The British government should make efforts to expand 5G coverage and invest in the next stage of this technology instead of stripping out the equipment of the Chinese telecoms equipment maker, Petty said.
The issue for most customers seemed to be resolved within an hour, with Vodafone saying it was caused by a change the company had made to block a range of telephone numbers used to make spam calls. "We'd like to apologise to any customers who struggled to make phone calls this evening," Vodafone said in a statement.
Alphabet's (GOOGL) Google is in talks to acquire a minority stake in Vodafone Idea in a bid to expand footprint in the telecom market of India.
Google is in early talks to buy a 5% stake in Vodafone Idea, the joint venture between Vodafone and India's Aditya Birla Group.
Vodafone <VOD.L>, the world's second-biggest mobile operator, has recruited Jean-Francois Van Boxmeer, the current CEO of brewer Heineken <HEIN.AS>, to succeed Gerard Kleisterlee as chairman from November this year. Van Boxmeer "is a very experienced businessman, with an in-depth knowledge of our geographic regions and he brings very strong sales and customer focus," said Kleisterlee, who has been Vodafone's chairman for nine years.
Vodacom Group said on Thursday it has simplified its structure and created a standalone South African business as it seeks to manage its already expanded African footprint and grow further. "For Vodacom Group to play a central role of overseeing all operations across its African footprint, this has necessitated the creation of a standalone South African operating company," the company said. The group assumed management responsibility for Vodafone Ghana from April 1 and subsequently concluded a joint venture with Kenya's Safaricom after buying the M-PESA brand, product development and support services from Vodafone.
British airline EasyJet on Tuesday said it had suffered a "sophisticated" cyber attack, uncovering names and travel details of about nine million customers, amid raised concerns over coronavirus-fuelled Internet hacking. "Since we became aware of the incident, it has become clear that owing to COVID-19 there is heightened concern about personal data being used for online scams," EasyJet chief executive Johan Lundgren said in a statement. The no-frills airline, hit also by an unprecedented collapse in demand as the virus grounds planes worldwide, added that credit card details of 2,208 customers were additionally accessed.
Huawei is facing an uphill challenge in the overseas market as its upcoming devices lack the full set of Google apps and services. In an announcement on Monday, the Chinese firm announced a partnership with Vodafone to bring its smartphones to the mobile carrier's European markets. The deal kicks off in May and will sell Oppo's portfolio of advanced 5G handsets as well as value-for-money models into the U.K, Germany, the Netherlands, Spain, Portugal, Romania and Turkey.
Bucking the recent corporate trend to cut or scrap payouts, Vodafone maintained its dividend on Tuesday (May 12). The world's second-biggest mobile operator met expectations with a 2.6% rise in full-year core earnings. They reached just over $16 billion in the year to March 31st. Vodafone said data usage was surging and it was retaining more customers thanks to the reliability of its networks. The boost for data came as customers work from home and use technology to stay in contact with friends and family. But it wasn't all good news, the British company said a drop in international travel had hit revenues from roaming calls. Roaming in Europe was down by as much as 75% in April as global restrictions curbed travel. Vodafone also expects customer spending to suffer from the economic downturn, with some small business customers already requesting payment deferrals. Shares in the group, which have fallen 19% in the last 12 months, were up over 7 percent in afternoon trade. Vodafone's CEO said the firm would not change course in Britain after two of its rivals, Liberty Global's Virgin Media and Telefonica's O2, said they would merge. Vodafone has 65 million mobile contract and 25 million broadband customers in Europe.
The blue-chip FTSE 100 <.FTSE> gained 0.5%, with Vodafone <VOD.L>, the world's second largest mobile operator, jumping 6.3% to the top of the index after meeting full-year profit expectations and saying it was seeing significant increases in data volumes. "It's a market of two extremes: a, saying the market has run ahead of fundamentals, and b, we've got unprecedented amounts of stimulus," said Max Kettner, multi-asset strategist at HSBC Global Research. After rallying in April on historic global stimulus and hopes of a pick up in business activity, the FTSE 100 has struggled to build on its gains in May as countries such as Germany and South Korea report a surge in COVID-19 infections after easing lockdowns.
Vodafone <VOD.L> maintained its dividend on Tuesday, bucking a corporate trend to cut or scrap payouts due to the coronavirus crisis, as the world's second-biggest mobile operator met expectations with a 2.6% rise in full-year core earnings. Chief Executive Nick Read said the company had delivered a "rapid, comprehensive and coordinated" response to the crisis. Core earnings reached 14.9 billion euros (13.07 billion pounds)in the year ended March 31, with group revenue up 3% to 45.0 billion euros, driven by business in Europe.
Liberty Global and Telefonica have agreed to merge their British businesses in a $38 billion deal that will create a powerhouse in mobile and broadband to take on market leader BT. In the biggest shake-up of the British telecoms market for five years, the deal will bring together the biggest cable TV provider in Liberty's Virgin Media with Telefonica's O2, the second-largest mobile operator. The tie-up mirrors a succession of European deals struck by Liberty's billionaire founder John Malone to create one-stop shops for mobile and broadband.
Telecom Italia (TIM) and Vodafone have completed the sale of an 8.6% combined stake in Italy's biggest mobile towers company INWIT as part of efforts to cut debt, the companies said. The placement of shares in the business in which Vodafone and TIM merged their mobile towers infrastructure was announced late on Wednesday, catching analysts by surprise after TIM's chief executive said last month the two groups had been in talks with funds over a planned sale of a 25% stake in INWIT.
Saudi Telecom Co (STC) <7010.SE>, the kingdom's biggest telecoms operator, said on Monday it needed more time to complete processes related to a planned deal to buy Vodafone Group's 55% stake in Vodafone Egypt. Saudi Telecom in January struck a preliminary deal to buy the stake for $2.4 billion, seeking growth in the Arab world’s most populous nation. STC said it had extended its memorandum of understanding with Vodafone Group for 90 days and attributed the reason for the delay to logistical challenges caused by the novel coronavirus pandemic.
Kenya's leading telecom firm Safaricom <SCOM.NR> and South Africa's Vodacom <VODJ.J> said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from Britain's Vodafone <VOD.L>. "The transaction... will accelerate M-Pesa's growth in Africa by giving both Vodacom and Safaricom full control of the M-Pesa brand, product development and support services as well as the opportunity to expand M-Pesa into new African markets," they said in a statement.
Britain's big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday. The companies, which include BT, Virgin Media , Sky and TalkTalk, committed to support and protect vulnerable customers during the pandemic after talks with the government and regulator Ofcom.
Vodafone <VOD.L>, Deutsche Telekom <DTEGn.DE>, Orange <ORAN.PA> and five other telecoms providers have agreed to share mobile phone location data with the European Commission to track the spread of the coronavirus, lobbying group GSMA said on Wednesday. The companies, including Telefonica <TEF.MC>, Telecom Italia <TLIT.MI>, Telenor <TEL.OL>, Telia <TELIA.ST> and A1 Telekom Austria met with EU industry chief Thierry Breton on Monday. The Commission will use anonymised data to protect privacy and aggregate mobile phone location data to coordinate measures tracking the spread of the virus, an EU official said.
MILAN/BERLIN, March 18 (Reuters) - Mobile carriers are sharing data with the health authorities in Italy, Germany and Austria, helping to fight coronavirus by monitoring whether people are complying with curbs on movement while at the same time respecting Europe's privacy laws. The data, which are anonymous and aggregated, make it possible to map concentrations and movements of customers in 'hot zones' where COVID-19 has taken hold.