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LONDON, Feb 19 (Reuters) - Vodafone said on Wednesday shareholders would receive 0.026 shares in Verizon Communications for each Vodafone share they own as part of their payout for the $130 billion sale of the group's stake in Verizon Wireless. The British company also said its shares would
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NEW YORK CITY (Alliance News) - Verizon Communications Inc. Tuesday said it expects to issue approximately 1.274 billion shares of Verizon common stock to shareholders of Vodafone Group PLC in connection with Verizon's acquisition of Vodafone's indirect 45% interest in Verizon Wireless. The
Read moreNEW YORK CITY (Alliance News) - Verizon Communications Inc. Tuesday said it expects to issue approximately 1.274 billion shares of Verizon common stock to shareholders of Vodafone Group PLC in connection with Verizon's acquisition of Vodafone's indirect 45% interest in Verizon Wireless. The
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Telecoms services and satellite group Avanti Communications has won a three-year contract with Vodafone. Avanti, which has a market capitalisation of around £230m, said on Wednesday that it has signed an agreement to supply 3G IP backhaul services in Europe to the telecoms heavyweight. David Willi
Read moreNEW YORK CITY (Alliance News) - Verizon Communications Inc. Tuesday said it expects to issue approximately 1.274 billion shares of Verizon common stock to shareholders of Vodafone Group PLC in connection with Verizon's acquisition of Vodafone's indirect 45% interest in Verizon Wireless. The
Read moreBT had the most successful year of growth of all British brands, findings by the Brand Finance Global 500 survey showed Tuesday. The annual study found that BT's brand value soared 70% to £9.3bn in 2013. "Its content focused strategy, investing huge sums in Rugby and in particular Premier League
Read moreFeb 18 (Reuters) - (The following statement was released by the rating agency) The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks, says Fitch Ratings. Industry operators will come down to six/seven from 12 as the
Read moreBy Robert Hetz MADRID, Feb 17 (Reuters) - Vodafone has lodged a complaint against Spanish rival Telefonica, alleging it is abusing its position in Spain to reduce competition for telecoms, Internet and television services. The British company's complaint, filed on Friday, comes as com
Read moreMADRID, Feb 17 (Reuters) - Vodafone said on Monday it had lodged a complaint to Spain's competition regulator, the CNMC, against Telefonica over alleged abuse of its dominant market position. The British operator said the former Spanish state monopoly was abusing its position by striking a
Read more- FTSE closes up 72 points at 6,736 - Hammerson and RSA lead risers - UK inflation due out tomorrow - House prices up 3.3 per cent in February techMARK 2,857.31 +0.90% FTSE 100 6,736.00 +1.09% FTSE 250 16,244.71 +0.83% Stocks ended the day with strong gains, driven by both Hammerson and RSA Insur
Read moreVodafone led telecom stocks higher on Monday as the operator achieved a 500,000 customer milestone following the launch of 4G six months ago. Sector peer Telecom Plus gained after saying it will increase its annual dividend by 13% to 35p as the utility services provider is confident of achieving pr
Read moreAberdeen Asset Management: Goldman Sachs lowers target price from 600p to 540p, while its buy recommendation is kept. Anglo American: Deutsche Bank cuts target price from 1500p to 1460p, while leaving its hold recommendation unchanged. Credit Suisse raises target price from 1650p to 1900p upgrading
Read moreLONDON (Alliance News) - UK stock indices have struggled to get off the ground Friday, while major European markets have performed better after surprisingly strong Eurozone GDP data. Meanwhile US macro data has disappointed, adding to dollar weakness and allowing the pound to rally to a multi-yea
Read more- Eurozone GDP beats expectations - Fresnillo in top spot - UK construction output rises 0.2 per cent in Q4 techMARK 2,831.77 +0.28% FTSE 100 6,663.62 +0.06% FTSE 250 16,110.62 +0.51% The FTSE closed marginally higher today, lifted by figures which revealed better-than-expected growth across the E
Read more* Europe enjoys best earnings season vs analyst forecasts since Q3 2012 * Profits still falling, but revenues picking up * Data shows better-than-expected GDP growth in euro zone * Emerging market turmoil to weigh on some companies By Maria Sheahan and Blaise Robinson <
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