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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: 69.08
Bid: 69.28
Ask: 69.30
Change: 0.08 (0.12%)
Spread: 0.02 (0.029%)
Open: 69.30
High: 70.00
Low: 69.08
Prev. Close: 69.00
VOD Live PriceLast checked at -

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UPDATE 1-Sprint plans to skip upcoming spectrum auction

Wed, 13th Nov 2013 18:59

Nov 13 (Reuters) - Sprint Corp said on Wednesday itwould not take part in an upcoming government auction ofso-called H-Block airwaves, potentially leaving the field clearfor Dish Network Corp to buy the spectrum.

Sprint announced the decision a day after No. 4 U.S. mobileprovider T-Mobile US Inc, said it too had decidedagainst participating in the auction, which is slated to takeplace in January.

While Sprint already bought a huge amount of spectrum inJuly through its take over of Clearwire Corp, analysts had still expected Sprint to bid for the H-Block spectrum because it isadjacent to other Sprint spectrum holdings. The U.S. governmenthad set a Nov. 15 deadline for applications for the auction.

Shares in satellite TV provider Dish rose 1.6 percent to$51.19 on Nasdaq after the news. Its shares had traded above $50for the first time since 2000 on Tuesday after its earningsreport.

BTIG analyst Walter Piecyk said Sprint's decision was goodnews for Dish because it may not face any rival bidders. He does not expect AT&T Inc or Verizon Wireless to bid for the spectrum. AT&T declined to comment.

Verizon representatives did not respond to several requestsfor comment.

Dish has already told the Federal Communications Commission that it would bid a base price of about $1.5 billion in theauction if the FCC grants it waivers of conditions related toits existing spectrum licenses.

If Dish wins the spectrum without having to pay any morethan the reserve price, Piecyk said ift implies a price that is half that of recent transactions in the industry.

Dish investors have been waiting for almost a year for thecompany to decide how it will use its existing wirelessairwaves. One of its options could be to forge a networkpartnership with a rival such as Sprint or T-Mobile US.

More News
31 Oct 2023 12:28

UPDATE: Vodafone pens EUR5 billion deal to sell Spanish arm to Zegona

(Alliance News) - Vodafone Group PLC and smaller London listing Zegona Communications PLC on Tuesday announced the sale of Vodafone Spain to Zegona.

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31 Oct 2023 09:07

TOP NEWS: Vodafone sells Spanish arm to Zegona for up to EUR5 billion

(Alliance News) - Vodafone Group PLC and smaller London listing Zegona Communications PLC on Tuesday announced the sale of Vodafone Spain to Zegona.

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31 Oct 2023 08:54

LONDON MARKET OPEN: Stocks rise; BP shares fall on profit miss

(Alliance News) - The FTSE 100 opened in the green on Tuesday, despite a share price fall for BP, one of the index's largest constituents, amid more positive trading sentiment in Europe and the US.

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31 Oct 2023 07:46

Vodafone to sell Spanish business to Zegona for up to €5bn

(Sharecast News) - Vodafone said on Tuesday that it has agreed to sell its Spanish business to Zegona Communications for up to €5bn.

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31 Oct 2023 07:41

LONDON BRIEFING: BP announces buyback; IG to cut 10% of staff

(Alliance News) - Stocks in London are called higher on Tuesday, as the FTSE 100 looks set to shake off weaker economic data from China.

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24 Oct 2023 09:29

LONDON BROKER RATINGS: Barclays ups Rio Tinto; Liberum likes Indivior

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

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23 Oct 2023 09:24

LONDON BROKER RATINGS: Jefferies raises Tullow Oil to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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17 Oct 2023 14:19

IN BRIEF: Vodafone Business division and e& hail customer win

Vodafone Group PLC - Newbury, Berkshire-based telecommunications provider - Says that Vodafone Business division and e& have signed a memorandum of understanding to jointly market, sell and service businesses and public sector organisations to support their digital transformations. e&, or Emirates Telecommunications Group Company PJSC, is a United Arab Emirates-based technology and investment company.

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11 Oct 2023 12:11

CMA seeks feedback on Vodafone's planned merger with Three UK

(Sharecast News) - Vodafone's planned merger with Three UK came under the Competition and Markets Authority (CMA) spotlight on Wednesday, as the regulator invited feedback from third parties over the impact it could have on the competitive landscape.

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11 Oct 2023 10:30

TOP NEWS: CMA probes UK business merger of Vodafone and Hutchison

(Alliance News) - The Competition & Markets Authority on Wednesday said it is considering whether the planned merger the UK businesses of Vodafone Group PLC and CK Hutchison Group Telecom Holdings Ltd would weaken competition.

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11 Oct 2023 09:17

LONDON BROKER RATINGS: JPMorgan raises Croda; Berenberg cuts Atalaya

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

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9 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks suffer amid Israel conflict

(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week.

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5 Oct 2023 09:08

LONDON BROKER RATINGS: Panmure likes abrdn; Kepler cuts Britvic

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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5 Oct 2023 07:41

LONDON BRIEFING: Unite CEO steps down; Imperial Brands begins buyback

(Alliance News) - The FTSE 100 is expected to open in the green on Thursday, with equity markets feeling more cheerful after softer US jobs data eased fears over interest rates.

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27 Sep 2023 13:10

EARNINGS: Safestyle suffers amid "difficult" trading conditions

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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