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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 71.52
Bid: 71.54
Ask: 71.56
Change: -0.68 (-0.94%)
Spread: 0.02 (0.028%)
Open: 72.18
High: 72.66
Low: 71.48
Prev. Close: 72.20
VOD Live PriceLast checked at -

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Sector movers: Fixed-line telecoms fall as broker downgrades hit BT, Talktalk

Fri, 24th Oct 2014 14:07

Fixed-line telecom stocks were the worst performers in London on Friday as broker downgrades weighed on heavyweight constituents BT Group and Talktalk.BT, by far the largest stock in the sector with a market capitalisation of nearly £31bn, was 2.4% lower at 367.6p in afternoon trade after Morgan Stanley cut its rating on the stock from 'equal weight' to 'underweight'.The US bank cited increased competition in the broadband market, a higher pension deficit and a potential sharp increase in costs to secure Premier League rights for its sports channel.Morgan Stanley predicted that BT "could bid aggressively" to get its hands on the content and could spend £1bn per annum for the 2017/2018 football season, compared with current costs of just £246m. If this happens, free cash flow forecasts would have to be downgraded."Of course, BT could charge more for BT Sport and target new customer wins, but there are clearly greater risks to the BT equity story, as it faces the transition to pay-TV," the bank said.Meanwhile, Talktalk's stock was 1.5% weaker at 287p after Nomura lowered its recommendation from 'buy' to 'neutral'.The broker said it has been "increasingly concerned that TalkTalk would not be able to maintain the earnings momentum required to justify its valuation premium".Talktalk had risen strongly over recent sessions on the back of market chatter suggesting that blue-chip mobile network giant Vodafone could be working on bid worth 450p a share for the firm.Others in the fixed-line telecoms sector such as Alternative Networks, KCOM and Daisy Group were also registering losses on Friday.In contrast, the mobile telecoms category was at the top of the risers list after decent gains from Vodafone.Top performing sectors so far todayMobile Telecommunications 4,516.57 +1.84%Electronic & Electrical Equipment 3,455.91 +1.35%Real Estate Investment & Services 2,525.62 +0.34%Pharmaceuticals & Biotechnology 12,311.75 +0.16%Insurance (non-life) 1,855.09 +0.07%Bottom performing sectors so far todayFixed Line Telecommunications 4,211.74 -2.21%Industrial Metals & Mining 1,357.38 -2.10%Media 5,959.92 -1.12%Mining 15,256.59 -1.05%Personal Goods 22,719.02 -1.04%
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(Alliance News) - The head of Vodafone Germany says the telecoms company is getting back on its feet after a series of stumbles and declining market share in Europe's biggest economy.

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30 Jun 2023 15:39

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30 Jun 2023 13:36

Berenberg cuts target price on Vodafone, but keeps at 'hold'

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26 Jun 2023 17:15

FTSE 100 inches lower as defence firms drag; commodity-linked stocks rise

Defence firms fall after an aborted mutiny in Russia

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21 Jun 2023 16:16

EU antitrust regulators scrap probe into Fox unit, Ziggo

BRUSSELS, June 21 (Reuters) - EU antitrust regulators have scrapped an investigation into a Fox unit and Netherlands-based Ziggo Sport over European sports rights in 2020, two years after raiding their premises, according to an update on the European Commission website.

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21 Jun 2023 07:41

Vodafone hires Morgan Stanley to weigh options for its Spanish unit - Expansion

MADRID, June 21 (Reuters) - Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish unit, Spanish newspaper Expansion reported on Wednesday citing unidentified market sources.

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16 Jun 2023 14:54

Britain's antitrust head: competition is key to innovation

LONDON, June 16 (Reuters) - Competition is key to innovation, the head of Britain's antitrust authority told conference delegates on Thursday, a day after the watchdog said it would review a deal announced this week to create Britain's biggest mobile operator.

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15 Jun 2023 12:07

LONDON MARKET MIDDAY: European equities downbeat ahead of ECB decision

(Alliance News) - Stock prices in London were largely lower at midday on Thursday, as focus turned to the European Central Bank's interest rate decision due out in the early afternoon.

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Vodafone extends Hyundai partnership for in-car streaming services

(Alliance News) - Vodafone Group PLC on Thursday said that Hyundai Motor Co and Vodafone Business have extended their existing strategic partnership, which helps to provide customers with in-car connected streaming services.

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UK's FTSE 100 rises on mining boost; Fed decision awaited

Retail, films drive modest UK economic growth

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14 Jun 2023 17:09

Vodafone CEO secures early win, but long road ahead on the deal front

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle has bagged her first win with a merger deal in Britain, but the time it took to get there and the tortuous road ahead shows the scale of the challenge she faces to turn around the telecoms group.

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14 Jun 2023 17:05

Vodafone, Hutchison strike $19 bln deal to create UK mobile leader

Deal would create UK's biggest mobile operator

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