Vodafone says it would invest if BT’s broadband arm becomes separate firm: Vodafone has fuelled the debate about the future of BT, saying it would be prepared to become a shareholder in any new company owning the U.K.’s largest telephone and broadband network. Rivals are calling for BT to be split in two, with its Openreach division, which builds and maintains its network of copper and fibre-optic cables, spun into a separate company. Telecoms watchdog Ofcom is considering the idea in its first strategic review of the broadband market for a decade
Vodafone Group Plc (VOD.L) Announced, in its trading update for the quarter ended 30 June 2015, that group total revenue was £10.1 billion and group service revenue was £9.2 billion. On an organic basis Group service revenue increased 0.8% (Q4: 0.1%). In Europe, organic service revenue has continued to recover. UK service revenue increased 0.2% (Q4: -0.6%), supported by a continued strong performance in mobile consumer contract. Trading in the first quarter was consistent with management's expectations underlying the outlook statement for the 2016 financial year. The Group therefore confirms its outlook for the 2016 financial year.
Vodafone brings European networks under close watch as Liberty deal talks rumble on: Vodafone Chief Executive Vittorio Colao has promoted the leaders of the company’s biggest European markets to his top table, even as the networks they run are at the centre of talks about a potential combination with Liberty Global
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