Vodafone Share News (VOD)

India's Idea Cellular Q2 net profit surges, beats estimates

NEW DELHI, Oct 24 (Reuters) - Idea Cellular Ltd, India's third-biggest mobile phone carrier by revenue, said on Thursday its quarterly net profit surged 86 percent after it was able to raise call prices in the world's second-biggest mobile phone market. Idea, part of the metals-to-financial

UPDATE 2-AT&T profit beats Street by a penny on solid wireless

By Sinead Carew NEW YORK, Oct 23 (Reuters) - AT&T Inc posted net income that was a penny ahead of Wall Street expectations on Wednesday on wireless profit margins that were better than some analysts expected. While revenue was slightly behind analyst estimates, investors kept the shar

European Commission to push EU leaders on single telecoms market

* EU Commission wants common market for telecoms, Internet services * Commission says plan could boost economy by 4 percent By Foo Yun Chee BRUSSELS, Oct 23 (Reuters) - Creating a single telecoms market in Europe and cutting the cost of doing business over the Internet could boo

Broker tips: Vodafone, Whitbread, ARM, De La Rue

Credit Suisse has hiked its target price for telecoms group Vodafone from 195p to 245p, saying that it sees a 50 per cent probability of a bid from US counterpart AT&T. However, one possible "red line" for the American company could be that a bid may put its own dividend cover at risk, the bank sug

UPDATE 1-Primacom on the hunt for deals in German cable market

* Managing director says ready to be consolidator * Made offer for Tele Columbus' Berlin assets * Also made offer for Deutsche Telekabel By Arno Schuetze FRANKFURT, Oct 23 (Reuters) - Primacom, Germany's fourth-largest cable operator, wants an active role in the market's c

London midday: Markets pull back from five-month high as banks fall

Concerns over the Chinese economy and a weak performance by banking stocks halted a nine-day winning streak for UK markets on Wednesday, as investors chose to take profits following a strong run. The FTSE 100 snapped a nine-day winning streak this morning, pulling back from Tuesday's finish of 6,69

Primacom wants to consolidate German cable market - exec

FRANKFURT, Oct 23 (Reuters) - Primacom, Germany's fourth-largest cable operator, wants to play an active role in consolidating the market, its managing director said, as appetite for broadband assets in Europe's largest economy remains high. "We are hunters not hunted. We are ready to be a

Broker snap: Credit Suisse sees 50 per cent chance of AT&T bid for Vodafone

Credit Suisse has hiked its target price for telecoms group Vodafone from 195p to 245p, saying that it sees a 50 per cent probability of a bid from US counterpart AT&T. The bank values Vodafone at just 210p on a "resting" basis assuming no bid, but values it at 280p if AT&T were to decide to bid fo

BROKER RATINGS CHANGES: Six Brokers Raise ARM Price Target

Wednesday broker round-up UPDATE

Abcam: Numis downgrades to add with a target price of 570p. ARM Holdings: Deutsche Bank increases target price from 1080p to 1130p and maintains a buy recommendation. JP Morgan raises target price from 625p to 750p and leaves its neutral rating unaltered. Societe Generale ups target price from 640p

Indian telecoms regulator sticks to spectrum price-cut proposals

NEW DELHI, Oct 23 (Reuters) - India's telecommunications regulator reiterated on Wednesday its recommendations for a sharp cut in the reserve prices in an upcoming auction for mobile phone spectrum, responding to clarifications sought by the telecommunications ministry. The Telecom Regulato

T-Mobile US to offer some free data with latest Apple iPad

NEW YORK, Oct 22 (Reuters) - T-Mobile US plans to offer free data downloads of up to 200 megabytes per month to customers who buy the latest Apple Inc iPad, as the No. 4 US mobile service tries to lure cost-conscious customers away from its bigger rivals. Pricing at T-Mobile's rivals AT&T I

DIRECTOR DEALINGS: Vodafone Executives Buy Shares

Tuesday newspaper round-up: BHP Billiton, Pay-outs, Merlin Entertainments

BHP Billiton is in demand this morning after the Australian miner said it was lifting its full-year iron ore production forecast due to resurgent demand in China. The miner's shares have risen 1.7 per cent after it said it now expects to produce 212mn tonnes of iron ore this financial year against p

INDIA PRESS-Easier norms likely for telecom mergers and acquisitions-Times of India

Note: Reuters has not verified these stories and does not vouch for their accuracy.