vodafone
British telecoms giant Vodafone Group on Thursday reported a 2.8% rise in first-quarter revenue, with organic sales seeing a marked improvement. First-quarter revenue reached €9 billion ($9.8 billion), with operating profit rising by 42.9% to €1.5 billion. This was primarily driven by a €700 million gain on the disposal of an 18% stake in Indian firm Indus Towers, leaving Vodafone with a 3.1% shareholding. Group service revenue grew by 5.4%, with continuing strong growth in Turkey and Africa, while service revenue in Germany decreased by 1.5% primarily due to the impact of a reformed multi-dwe...
DPA International
British telecoms giant Vodafone Group on Thursday reported a 2.8% rise in first-quarter revenue, with organic sales seeing a marked improvement. First-quarter revenue reached €9 billion ($9.8 billion), with operating profit rising by 42.9% to €1.5 billion. This was primarily driven by a €700 million gain on the disposal of an 18% stake in Indian firm Indus Towers, leaving Vodafone with a 3.1% shareholding. Group service revenue grew by 5.4%, with continuing strong growth in Turkey and Africa, while service revenue in Germany decreased by 1.5% primarily due to the impact of a reformed multi-dwe...
DPA
British telecoms giant Vodafone Group on Thursday reported a 2.8% rise in first-quarter revenue, with organic sales seeing a marked improvement. First-quarter revenue reached €9 billion ($9.8 billion), with operating profit rising by 42.9% to €1.5 billion. This was primarily driven by a €700 million gain on the disposal of an 18% stake in Indian firm Indus Towers, leaving Vodafone with a 3.1% shareholding. Group service revenue grew by 5.4%, with continuing strong growth in Turkey and Africa, while service revenue in Germany decreased by 1.5% primarily due to the impact of a reformed multi-dwe...
DPA Breaking News
Der Telekommunikationsanbieter Vodafone Deutschland verliert in seinem Fernsehgeschäft deutlich an Boden. Im ersten Quartal des im April begonnenen Geschäftsjahres 2024/25 sei die Zahl der Fernsehkunden um 655.000 auf rund 11,1 Millionen gesunken, teilte die Deutschlandtochter eines britischen Konzerns in Düsseldorf mit. Im Quartal davor (Januar bis März 2024) hatte der Kundenverlust etwa gleich hoch gelegen und im derzeit laufenden Sommerquartal dürfte es erneut ein sattes Minus geben. Grund hierfür ist das Ende einer gesetzlichen Regelung zum 1. Juli, der zufolge der Vermieter TV-Kosten auf ...
DPA (German)
Vodafone (LON: VOD) and BT Group (LON: BT.A) shares have remained in a tight range in the past few weeks as investors focus on their upcoming earnings and their internal actions. BT Group stock was trading at 140p on Wednesday, inside the range where it has been since June 25th. It has risen by over 36% from its lowest point in April. Vodafone share price, on the other hand, was trading at 70p, down by 6% from its highest point this year and up by 13% from the YTD low. Slow growth but turnaround workingTelecom companies like Vodafone and BT Group have come under pressure in the past few years ...
Invezz
British telecommunications giant Vodafone Group on Monday announced the sale of a further 10% stake in holding company Oak Holdings, which co-controls the major European infrastructure firm Vantage Towers. The stake was sold for €1.3 billion ($1.4 billion) at €32 per share, matching the price of the initial transaction in November 2022. The company noted that the sale achieves the 50:50 joint ownership structure with the consortium of long-term infrastructure investors led by US-based firms Global Infrastructure Partners and KKR that was envisaged when the co-control partnership was first anno...
DPA International
British telecommunications giant Vodafone Group on Monday announced the sale of a further 10% stake in holding company Oak Holdings, which co-controls the major European infrastructure firm Vantage Towers. The stake was sold for €1.3 billion ($1.4 billion) at €32 per share, matching the price of the initial transaction in November 2022. The company noted that the sale achieves the 50:50 joint ownership structure with the consortium of long-term infrastructure investors led by US-based firms Global Infrastructure Partners and KKR that was envisaged when the co-control partnership was first anno...
DPA
British telecommunications giant Vodafone Group on Monday announced the sale of a further 10% stake in holding company Oak Holdings, which co-controls the major European infrastructure firm Vantage Towers. The stake was sold for €1.3 billion ($1.4 billion) at €32 per share, matching the price of the initial transaction in November 2022. The company noted that the sale achieves the 50:50 joint ownership structure with the consortium of long-term infrastructure investors led by US-based firms Global Infrastructure Partners and KKR that was envisaged when the co-control partnership was first anno...
DPA Breaking News
22 European and seven Ukrainian telecommunications operators have agreed to extend lowering their roaming phone call rates for refugees from Ukraine to connect across borders for another 12 months. This is the fifth 12-month roaming extension committed by the telecom operators. The European Commission, together with the NCEC, the Ukrainian national regulatory authority, facilitated the agreement. It urged all operators to join the agreement. The latest data provided by the Body of European regulators of electronic communications (BEREC) shows that the agreement has been efficient in allowing o...
DPA Breaking News
Vodafone (LON: VOD) share price has moved sideways in the past few days as investors wait for the company’s trading update scheduled for July 25th. It was trading at 71p on Tuesday, where it has been in the past few days. This price is about 18% above the lowest point this year. Substantial challenges remainVodafone, a leading telecom company, is going through a turnaround as the management seeks to reboot its performance. This turnaround comes at a time when the stock has come under intense pressure in the past few years as the industry slowdown continued. Earlier this year, its stock plunged...
Invezz
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