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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
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Share Price: 67.82
Bid: 67.94
Ask: 67.98
Change: 0.34 (0.50%)
Spread: 0.04 (0.059%)
Open: 67.48
High: 68.52
Low: 67.22
Prev. Close: 67.48
VOD Live PriceLast checked at -

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Sprint will 'wait and see' on BlackBerry strategy -CFO

Thu, 26th Sep 2013 20:48

NEW YORK, Sept 26 (Reuters) - Sprint Corp is in norush to follow the strategy of smaller rival T-Mobile US, which plans to cut back on offering BlackBerrysmartphones, the chief financial officer of the No. 3 U.S.mobile operator said on Thursday.

After presentation at the Goldman Sachs Communacopiaconference, Sprint CFO Joe Euteneur said his company would takea "wait-and-see" approach before making any decisions onBlackBerry, the struggling Canadian smartphone maker that hasseen demand for its devices shrink rapidly and is narrowing itsmarketing efforts to businesses.

Euteneur acknowledged that Sprint may not want to rock theboat among business customers, which have typically been thebiggest fans of BlackBerry smartphones.

On Wednesday, No. 4 U.S wireless operator T-Mobile US toldReuters it would no longer stock BlackBerry Ltd phonesin its stores, but would ship the devices to any consumers whocome in to order a BlackBerry.

While T-Mobile is primarily known for serving consumers,Sprint has a long history of supplying businesses withcellphones particularly on its iDen network, which came from anacquisition of Nextel in 2005.

At the end of June Sprint shut down the Nextel network,which was based on out-dated technology. It is instead focusingits efforts on modernizing the original Sprint network.

But Sprint has lost customers of both networks as a resultof the shutdown. Companies that used the iDen network, are alsomoving their workers from the Sprint network.

Bigger U.S. operators Verizon Wireless andAT&T Inc both still sell BlackBerry phones in theirstores.

Lowell McAdam, Chief Executive of Verizon Communicationstold Reuters this week that any Verizon Wireless decision aboutBlackBerry would depend on its customers' wishes.

After shocking investors with a financial warning on FridayBlackBerry said on Monday that it had agreed to be bought by aprivate firm but some investors were doubtful as to whether thedeal will end up closing.

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2 May 2024 07:03

Swisscom posts steady Q1 profit, says Vodafone Italia deal on track

May 2 (Reuters) - Telecoms group Swisscom reported a slightly lower first-quarter core profit on Thursday, but beat market expectations, as business in its core Swiss and Italian markets continued to develop positively.

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2 May 2024 06:35

Swisscom plans completion of Vodafone Italia takeover in Q1 2025

May 2 (Reuters) - Swiss telecoms group Swisscom said on Thursday its takeover of Vodafone Italia is on track and expected to be completed in the first quarter of 2025.

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16 Apr 2024 08:41

Vodafone appoints SAP's Marika Auramo as CEO of Business arm

(Alliance News) - Vodafone Group PLC on Tuesday said Marika Auramo has been appointed as chief executive of Vodafone Business.

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16 Apr 2024 07:46

Vodafone taps SAP executive to lead business division

(Sharecast News) - Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.

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4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

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4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

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4 Apr 2024 07:43

LONDON BRIEFING: Vodafone-Three deal faces deeper UK probe

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, despite remarks from Federal Reserve Chair Jerome Powell failing to soothe lingering interest rate worries.

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4 Apr 2024 07:37

CMA to launch in-depth probe into Vodafone's merger with Three

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.

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28 Mar 2024 15:05

Directors dealings: Vodafone chairman follows in CFO's steps, buys shares

(Sharecast News) - Vodafone's chairman bought a big batch of shares in the telecommunications outfit just ahead of the Easter break.

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28 Mar 2024 13:54

IN BRIEF: Vodafone Chair Boxmeer buys GBP570,000 in shares

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Chair Jean-Francois van Boxmeer buys 823,500 shares at GBP0.69 each, worth GBP568,215, in London on Wednesday.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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26 Mar 2024 11:21

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT, March 26 (Reuters) - Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.

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26 Mar 2024 11:15

UPDATE: Vodafone Germany cuts 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Dusseldorf, Germany-based subsidiary of Vodafone Group PLC announced on Tuesday.

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26 Mar 2024 10:43

Vodafone Germany: 400-mln-eur restructuring to affect 2,000 jobs

BERLIN, March 26 (Reuters) - Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

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26 Mar 2024 10:42

Vodafone Germany cutting 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Germany, Dusseldorf-based subsidiary of Vodafone Group PLC announced Tuesday.

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