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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: 68.44
Bid: 68.40
Ask: 68.44
Change: 0.62 (0.91%)
Spread: 0.04 (0.058%)
Open: 67.96
High: 68.74
Low: 67.82
Prev. Close: 67.82
VOD Live PriceLast checked at -

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Telefonica wins internet clients in Nov, mobile exodus continues

Wed, 16th Jan 2013 11:37

* Telefonica's package attracts 45,000 broadband clients * Vodafone leads mobile client losses, sheds 287,000 * Virtual operators, Orange, winning out in price war MADRID, Jan 16 (Reuters) - Spain's biggest telecoms company,Telefonica S.A., attracted 45,000 new broadband clientsin November in its home market but shed another quarter of amillion mobile customers as recession-hit Spaniards ditch theircellphones. The company which is fighting to stem client bleed byintroducing a bundled internet, phone and TV package in Octoberhas lost over 2 million mobile connections following its Marchdecision to stop subsidising smartphones. Data from Spain's telecoms watchdog released on Wednesdayshowed Telefonica gained more broadband clients than all itscompetitors put together, with cable operators gaining 6,000 newcustomers and other operators attracting 36,000 clients. However, Telefonica's mobile operator Movistar lost around252,000 customers in November. "The mobile sector recorded another month of seriouscustomer losses, with a decline of 452,804 connections,"telecoms regulator the CMT said in a statement. The November numbers were slightly better than October, whenTelefonica led operator losses by shedding 284,000 mobilecustomers. November's figures for losses in the sector were slightlybetter than a record loss of 486,000 mobile clients in October. In November, Vodafone lost 287,000 mobile clients,taking the lead from Telefonica, and the Britain-based operatoris in talks with labour unions to dismiss up to a quarter of its workforce in Spain. Cheap operators like Teliasonera's Yoigo andvirtual mobile operators have benefited from a recent viciousprice war in Spain. Virtual mobile operators have noinfrastructure of their own but rent capacity from establishedproviders, selling services on to consumers. Virtual operators now account for over 6 percent of theSpanish mobile market. Some 480,000 customers switched their number to anothernetwork in November, with virtual operators and Orange,which still offers subsidies, leading the pick-up from othernetworks. Mobile tariffs have fallen 27 percent over the last threeyears in Spain, where the unemployment rate stands at 25percent. The number of mobile connections in Spain fell 4.1 percentyear-on-year in November to 56 million, the CMT said.
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18 Dec 2023 10:43

UPDATE: Vodafone confirms eyeing merger or disposal of Italy business

(Alliance News) - Vodafone Group PLC on Monday confirmed it is "exploring options with several parties" to combine or sell its telecommunications operations in Italy.

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18 Dec 2023 09:17

PRESS: France's Iliad prepares offer to combine with Vodafone in Italy

(Alliance News) - France's Iliad SA wants to finalise by the end of January a proposal to Vodafone Group PLC to combine their telecommunications operations in Italy, Reuters reported late Friday.

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18 Dec 2023 09:07

LONDON MARKET OPEN: FTSE 100 edges higher as Fed rally fades elsewhere

(Alliance News) - The FTSE 100 managed to eke out some minor gains at Monday's market open, while stocks elsewhere pulled back after last week's advance.

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18 Dec 2023 08:52

Vodafone surges as Iliad proposes merging Italian businesses

(Sharecast News) - Vodafone confirmed on Monday that it is in talks with several parties about the potential merger or disposal of its Italian unit, after France's Iliad said it had submitted a proposal to merge their two Italian businesses.

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18 Dec 2023 08:05

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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18 Dec 2023 07:59

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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15 Dec 2023 18:59

Iliad wants to finalise JV proposal for Vodafone Italy by end-January -sources

LONDON/MILAN, Dec 15 (Reuters) - French telecoms group Iliad wants to finalise a proposal to Vodafone Italy to combine their Italian operations in a joint venture by the end of January, two sources briefed on the matter said.

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14 Dec 2023 10:44

Sumitomo partners with Vodafone and Deloitte to speed up global trade

(Alliance News) - Sumitomo Mitsui Financial Group Inc and Vodafone Group PLC will team up with Deloitte and Nexxiot to support global autonomous freight handling, the firms announced on Thursday.

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13 Dec 2023 17:07

European shares subdued as markets look to Fed decision for cues

BASF rises on UBS rating upgrade

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12 Dec 2023 18:34

Ukraine's top mobile operator hit by biggest cyberattack of war so far

Kyivstar's IT systems 'partially destroyed'

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12 Dec 2023 18:06

UK may ban some mid-contract mobile and broadband price hikes

LONDON, Dec 12 (Reuters) - Britain's telecoms regulator proposed banning inflation-linked price rises in the middle of customers' broadband and mobile contracts, saying the practice was unfair on consumers and hampering competition.

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12 Dec 2023 16:55

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.

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12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

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12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

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12 Dec 2023 10:59

BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

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