Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 68.96
Bid: 69.08
Ask: 69.12
Change: 0.00 (0.00%)
Spread: 0.04 (0.058%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 68.96
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Vodafone Qatar's Q4 net loss widens as capex doubles

Wed, 03rd Jun 2015 08:04

* Q4 net loss 66 mln riyals vs 33 mln riyals year earlier

* 2014-15 net loss 216 mln riyals vs 246 mln riyals (Adds details)

By Matt Smith

DUBAI, June 3 (Reuters) - Vodafone Qatar reporteda wider fourth-quarter loss on Wednesday, despite expanding itscustomer base, as its capital expenditure doubled.

The telecoms operator, an affiliate of Britain's VodafoneGroup, made a net loss of 66 million riyals ($18.1million) in the three months to March 31, according to Reuterscalculations based on company statements.

That compares with a loss of 33 million riyals in the sameperiod a year earlier for the company, which ended Qatarstate-controlled Ooredoo's domestic monopoly in 2009.Its financial year starts on April 1.

Beltone Financial had forecast Vodafone Qatar would make aquarterly loss of 70 million riyals.

The operator's fourth-quarter capital expenditure was 283million riyals, Reuters calculated based on the company'sfinancial statements, up from 142 million riyals a year earlier.Quarterly revenue rose 4 percent over the same period to 571million riyals.

The company had 1.44 million subscribers as of March 31, up9 percent year-on-year.

Vodafone Qatar, 23 percent owned by parent Vodafone and 22percent owned by a Qatar government-linked fund, made a loss of216 million riyals in the 12 months to March 31, versus a lossof 246 million riyals in the same period a year before,according to a statement to Doha's bourse.

It has proposed paying a dividend of 0.21 riyals per sharefor the full financial year. (Editing by Pravin Char)

More News
16 May 2023 09:13

TOP NEWS: Vodafone achieves annual profit jump but "not good enough"

(Alliance News) - Vodafone Group PLC on Tuesday said its annual performance slowed in line with its expectations, as it plans to cut 11,000 jobs.

Read more
16 May 2023 09:06

LONDON MARKET OPEN: Stocks drift up amid unease over US debt talks

(Alliance News) - Stock prices in London edged into the green at Tuesday's open, but investors failed to muster much enthusiasm following weak Chinese economic data and fears of a US debt default.

Read more
16 May 2023 08:53

Vodafone says talks with Hutchison over UK deal progressing, takes time

LONDON, May 16 (Reuters) - Vodafone's chief executive said talks with Hutchison about a tie-up between the pair's British businesses are progressing but it was taking time.

Read more
16 May 2023 07:55

LONDON BRIEFING: UK unemployment rises to 3.9%; Vodafone to cut jobs

(Alliance News) - Stocks in London were called lower on Tuesday, as investors looked ahead to critical US debt talks, set to resume later in the day, while the UK jobless rate rose unexpectedly and Vodafone plans to cut jobs in the UK and abroad.

Read more
16 May 2023 07:09

Vodafone to cut 11,000 jobs, forecasts flat earnings

LONDON, May 16 (Reuters) - Vodafone's new boss Margherita Della Valle said she would cut 11,000 jobs over three years to simplify the telecoms group, which she said "must change", as it forecast little or no growth in earnings for the new financial year.

Read more
16 May 2023 07:03

Vodafone to axe 11,000 jobs, sees flat earnings

(Sharecast News) - Telecoms giant Vodafone said it was cutting 11,000 jobs and expected to post flat earnings next year after reporting a decline in annual profits in a performance described as "not good enough" by its chief executive.

Read more
12 May 2023 14:46

Sweden's EQT takes majority stake in Italy's Wind Tre telecoms grid

MILAN, May 12 (Reuters) - Sweden's EQT Infrastructure will take a majority stake in Wind Tre's Italian telecoms network after agreeing a deal with Hong Kong's CK Hutchison valuing the business at 3.4 billion euros ($3.74 billion), including debt, the groups said.

Read more
12 May 2023 09:37

LONDON BROKER RATINGS: RBC lifts Barclays; Jefferies cuts Diageo

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

Read more
11 May 2023 19:37

Telefonica open to discuss potential fiber deal with Vodafone in Spain

MADRID, May 11 (Reuters) - Spanish telecom firm Telefonica is open to discussing potential partnership on fiber networks in Spain with rival Vodafone, a company top official said on Thursday.

Read more
11 May 2023 09:12

TOP NEWS: Vodafone deepens links with shareholder Emirates Telecom

(Alliance News) - Vodafone Group PLC on Thursday said it has struck a deal with Emirates Telecommunications Group Co PJSC that reinforces the Abu Dhabi-based company, known as e&, as a "cornerstone shareholder" in the London-listed telecommunications operator.

Read more
11 May 2023 09:10

Vodafone says CEO of top shareholder e& to join its board

LONDON, May 11 (Reuters) - Vodafone Group on Thursday said the chief executive of its largest shareholder, Emirates telecoms group Etisalat, also known as e&, would join its board as the two companies agreed to deepen their strategic relationship.

Read more
11 May 2023 08:09

E& takes seat on the board as Vodafone enters strategic relationship

(Sharecast News) - Vodafone said on Thursday that it has entered a strategic relationship with its largest shareholder, Emirates Telecommunications - also known as e& and formerly known as Etisalat - which will see the company's chief executive take a seat on the board.

Read more
11 May 2023 07:53

LONDON BRIEFING: Rolls-Royce turnaround "moving at pace"; S4 confident

(Alliance News) - London FTSE 100 index was called to open higher on Thursday, recovering some of its 0.6% loss for the week so far, as investors digest inflation readings from the US and China and look ahead to the Bank of England's interest rate decision at midday.

Read more
10 May 2023 09:40

LONDON BROKER RATINGS: Peel Hunt raises Wetherspoon to 'add'

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

Read more
10 May 2023 07:55

LONDON BRIEFING: Compass sets share buyback; Melrose ups outlook

(Alliance News) - The FTSE 100 is expected to open marginally higher on Wednesday, following positive updates from some UK blue-chip companies and ahead of a US consumer price index reading.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.