Vodafone Share News (VOD)

Quantum startup Sandbox AQ spins off from Alphabet, gains 'nine figures' in funding

March 22 (Reuters) - Sandbox AQ, which has long-term goals to help clients use quantum computing, announced on Tuesday that it has spun off from Alphabet Inc, raised "nine figures" of funding and signed several clients for its cybersecurity services.

New subscribers fuel 50% profit growth for France's Iliad

March 22 (Reuters) - French telecoms company Iliad posted a 51% rise in core profit on Tuesday as it added subscribers across its markets in France, Italy and Poland amid stiff competition that could prompt consolidation across the sector.

FTSE 100 notches best week in over year

March 18 (Reuters) - British stocks ended near session highs on Friday, and the blue-chip index clocked its best weekly performance in over a year as investors digested negotiations over the Ukraine-Russia conflict and a dovish outlook from the Bank of England this week.

Infrastructure funds looking to invest in Vodafone's Vantage Towers - report

(Sharecast News) - Global infrastructure funds have reportedly approached Vodafone to invest in its $16bn mast company Vantage Towers, but the telecoms group's preference is for an industry merger.

UK mobile operator Three says four-player market 'unsustainable'

LONDON, March 17 (Reuters) - Three UK, the British mobile network operator owned by Hong Kong's CK Hutchison, said the UK market needed to consolidate from four to three players to improve the quality of the country's digital infrastructure.

IN BRIEF: Purplebricks promotes HR veteran to chief executive

Purplebricks Group PLC - Solihull, West Midlands-based estate agent - Vic Darvey resigns as chief executive "due to personal circumstances" and will depart at the end of March. Chief Operating Officer Helena Marston will take over as CEO. Davey has been in charge since May 2019, while Marston joined the firm as chief people officer in May 2020, having held senior human resources roles a Virgin Media, Kuwait Energy, Jaguar Land Rover and Vodafone Group PLC. Purplebricks notes Marston worked with Darvey to implement the company's new operating model in the UK.

Orange rises on talks with MasMovil to merge Spain businesses, Vodafone slips

Vodafone New Zealand commences sale process for passive mobile towers

March 7 (Reuters) - Vodafone New Zealand said on Monday that it had initiated the process of a potential sale of its passive mobile telecommunication towers, which cater to nearly 98% of the population.

Telecom Italia to yield 1.3 bln euros from INWIT stake sale

MILAN, March 3 (Reuters) - Telecom Italia (TIM) expects to raise 1.3 billion euros ($1.4 billion) from the sale of a 12.4% indirect stake in mobile telecoms tower business INWIT to a consortium led by private equity firm Ardian, TIM's chief executive said on Thursday.

TOP NEWS: Vodafone to divest further slice of Indus Towers interest

(Alliance News) - Vodafone Group PLC on Thursday said it will sell a further amount of shares in Indus Tower Ltd, a mobile phone tower joint venture in India to Bharti Airtel Ltd, which will reduce the group's holding to 21%.

Telecom Italia reports record loss, plans to split into two

MILAN, March 2 (Reuters) - Telecom Italia (TIM), the target of a 10.8 billion euro ($12 billion) takeover approach from U.S. fund KKR, said on Wednesday it planned to split into two business under a standalone plan developed by its new chief executive.

Telcos allow free calls to Ukraine, waive roaming charges

BRUSSELS, Feb 28 (Reuters) - From Deutsche Telekom to AT&T to Vodafone, more than a dozen telecoms providers on both sides of the Atlantic are either providing free international calls to Ukraine or are scrapping roaming charges with the country.

Italy's INWIT looks at M&A after 2021 core profit meets targets

MILAN, Feb 24 (Reuters) - INWIT will consider M&A opportunities to boost value for shareholders, its CEO said on Thursday after Italy's top telecoms tower company posted full-year results in line with expectations and targets.

Italy's INWIT to lift dividend as 2021 results hit target

MILAN, Feb 24 (Reuters) - Italian telecoms tower company INWIT plans to raise its 2021 dividend by 7.5% to 0.3225 euro a share, the company said on Thursday, as core profits increased to meet the low end of the company's financial targets.

Why Europe’s mobile telecom market is ripe for consolidation

STOCKHOLM/MILAN, Feb 24 (Reuters) - Talk of consolidation among European mobile carriers has grown louder with several executives voicing support as cut-throat price wars drive up debt and limit funds for 5G network upgrades.