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: 0.26 (0.38%)
Spread: 0.04 (0.058%)
Open: 68.76
High: 70.10
Low: 68.60
Prev. Close: 68.70
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 7-Mobile World Congress called off over coronavirus fears

Wed, 12th Feb 2020 11:35

(Writes through adding more from GSMA, context on insurance
liability and health risks)

By Jordi Rubio, Douglas Busvine and Mathieu Rosemain

BARCELONA/BERLIN/PARIS, Feb 12 (Reuters) - The Mobile World
Congress (MWC), the annual telecoms industry gathering that
draws more than 100,000 visitors to Barcelona, was cancelled on
Wednesday after a mass exodus by exhibitors due to fears over
the coronavirus outbreak.

Bowing to the inevitable, the GSMA telecoms association that
hosts the get-together said it had cancelled the event planned
for Feb. 24-27 despite assurances from local and national health
officials that it would have been safe to hold it.

"The GSMA has cancelled MWC Barcelona 2020 because the
global concern regarding the coronavirus outbreak, travel
concern and other circumstances, make it impossible for the GSMA
to hold the event,” John Hoffman, the CEO of organiser GSMA,
said in a statement.

The announcement followed a crisis meeting of the GSMA
board, after its hand was forced by the pullout of anchor
European members including Deutsche Telekom, Vodafone
, BT and Nokia.

Barcelona's mayor Ada Colau said earlier she wanted to send
a "message of calm", insisting the city was ready to host the
event, while Spanish health officials reiterated that there was
no reason to call off MWC.

The World Health Organisation, a UN agency leading the
coronavirus crisis response, had also called in vain for calm.

“There is no evidence at present to suggest that there is
community spread outside China, so WHO is not currently
requesting that large gatherings are cancelled," WHO spokesman
Tarik Jasarevic told Reuters in Geneva.

That failed, however, to alleviate concerns among major
exhibitors that the precautions would be insufficient to halt
the virus that has spread beyond China's borders to two dozen
countries.

"To bring people together and connect them: That is what
Telekom stands for. This is also what the Mobile World Congress,
the 'class reunion' of our industry, stands for," Deutsche
Telekom CEO Tim Hoettges posted on LinkedIn.

He added, however, that large gatherings of people with many
international guests posed a particular risk: "To take this risk
would be irresponsible."

The Chinese contingent at MWC has numbered 5,000-6,000 in
recent years, making the event particularly vulnerable given the
outbreak of the virus that has killed more than 1,100 people on
the Chinese mainland.

In its statement, the GSMA said the host cities and partners
respected and understood its decision, adding that they would
"continue to be working in unison" towards staging next year's
event.

Hoffman and Colau will hold a joint a press conference on
Thursday.

Due to the sheer scale of MWC, with delegates packing out
Barcelona's hotels and restaurants and causing the city's trade
fair grounds to burst at the seams, postponement was never a
realistic option, sources said.

ON THE HOOK

A final decision was made harder by the terms under which
any events insurance taken out by the GSMA would pay out,
industry sources and insurance experts said.

This would be unlikely to kick in unless restrictions are
imposed on public gatherings in the country on health grounds.

"Where there is no ban and businesses make their own
commercial decision, I cannot see the market paying out," Edel
Ryan, who is on the Special Risks team at broker Marsh JLT
Specialty, said before the GSMA's decision.

Major Chinese exhibitors, led by Huawei, had stuck
to plans to attend to the very last, ordering at-risk staff to
isolate themselves in advance and drafting in replacements from
elsewhere to run event stands and host clients.

The GSMA had banned attendees from China's Hubei province,
where the coronavirus outbreak began, and required others to
prove that they had been outside the country for at least two
weeks prior to the event.

Coronavirus has proved to be contagious even when people who
have caught it are asymptomatic, meaning that people attending
might not even realise that they could infect others they meet
at MWC.

Tracking the meetings and movements across the Fira trade
grounds and the city of Barcelona of anyone who later tests
positive would be a difficult task.
(Writing by Douglas Busvine, Additional reporting by Jessica
Jones, Isla Binnie, Supantha Mukherjee, Joan Faus, Can Sezer,
Tarmo Virki, Stephanie Nebehay, Carolyn Cohn and Noor Zainab
Hussein; editing by Keith Weir, Elaine Hardcastle, Chizu
Nomiyama, Kirsten Donovan)

More News
14 Jun 2024 15:36

London close: Stocks fall amid French political concerns

(Sharecast News) - London stocks were still in the red by the close on Friday, mirroring a broader European selloff driven by political uncertainty in France.

Read more
14 Jun 2024 10:51

Vodafone looking to offload Indus Towers stake - report

(Sharecast News) - Vodafone Group is reportedly looking to sell its whole $2.3bn stake in India's Indus Towers through stock market block deals next week.

Read more
12 Jun 2024 15:16

Vodafone Spain plans 1,200 job cuts after acquisition by Zegona

MADRID, June 12 (Reuters) - A former Vodafone unit in Spain that was recently acquired by Zegona Communications plans to cut up to 1,200 jobs, or just over a third of its total workforce, unions and the company said on Wednesday.

Read more
6 Jun 2024 17:02

London stocks close higher on miners boost; ECB cuts rates

FTSE 100 up 0.5%, FTSE 250 adds 0.2%

*

Read more
4 Jun 2024 12:29

IN BRIEF: Vodafone CFO Luka Mucic buys GBP388,000 in shares

Vodafone Group PLC - Newbury, Berkshire-based telecommunications provider - Chief Financial Officer Luka Mucic buys 510,000 shares at GBP0.7615 each, worth GBP388,365, in London on Monday.

Read more
31 May 2024 13:35

TOP NEWS: Vodafone completes sale of Spain business to Zegona

(Alliance News) - Vodafone Group PLC and Zegona Communications PLC on Friday said Zegona has completed the acquisition of Vodafone Spain, with telecommunications veteran Jose Garcia named as chief executive officer.

Read more
30 May 2024 13:01

UK dividends calendar - next 7 days

Friday 31 May 
abrdn Property Income Trust Ltddividend payment date
Albion Development VCT PLCdividend payment date
Alternative Income REIT PLCdividend payment date
Arbuthnot Banking Group PLCdividend payment date
Balanced Commercial Property Trust Ltddividend payment date
Bankers Investment Trust PLCdividend payment date
Bellevue Healthcare Trust PLCdividend payment date
City of London Investment Trust PLCdividend payment date
CQS New City High Yield Fund Ltddividend payment date
Custodian Property Income REIT PLCspecial dividend payment date
CVC Income & Growth Ltd EUROdividend payment date
CVC Income & Growth Ltd GBPdividend payment date
Derwent London PLCdividend payment date
Diverse Income Trust PLCdividend payment date
Dunedin Income Growth Investment Trust PLCdividend payment date
Ecofin Global Utilities & Infrastructure Trust PLCdividend payment date
EJF Investments Ltddividend payment date
Elementis PLCdividend payment date
Global Opportunities Trust PLCdividend payment date
Greencoat UK Wind PLCdividend payment date
Henderson Far East Income Ltddividend payment date
Henderson International Income Trust PLCdividend payment date
Henry Boot PLCdividend payment date
Ibstock PLCdividend payment date
IWG PLCdividend payment date
JPMorgan American Investment Trust PLCdividend payment date
JPMorgan Global Core Real Assets Ltddividend payment date
Kier Group PLCdividend payment date
Marwyn Value Investors Ltddividend payment date
Mobeus Income & Growth VCT PLCdividend payment date
NB Global Monthly Income Fund Ltddividend payment date
Octopus Renewables Infrastructure Trust PLCdividend payment date
Picton Property Income Ltddividend payment date
Portmeirion Group PLCdividend payment date
PPHE Hotel Group Ltddividend payment date
PRS REIT PLCdividend payment date
Reach PLCdividend payment date
Robert Walters PLCdividend payment date
Senior PLCdividend payment date
Shaftesbury Capital PLCdividend payment date
Sherborne Investors (Guernsey) C Ltddividend payment date
STV Group PLCdividend payment date
Target Healthcare REIT PLCdividend payment date
Taylor Maritime Investments Ltddividend payment date
TwentyFour Select Monthly Income Fund Ltddividend payment date
Vesuvius PLCdividend payment date
Weir Group PLCdividend payment date
Monday 3 June 
4imprint Group PLCdividend payment date
Ascential PLCspecial dividend payment date
Ashtead Technology Holdings PLCdividend payment date
BAE Systems PLCdividend payment date
J Smart & Co (Contractors) PLCdividend payment date
JPMorgan China Growth & Income PLCdividend payment date
JPMorgan Claverhouse Investment Trust PLCdividend payment date
Vector Capital PLCdividend payment date
Zotefoams PLCdividend payment date
Tuesday 4 June 
GCP Asset Backed Income Fund Ltddividend payment date
GCP Infrastructure Investments Ltddividend payment date
Spectra Systems Corpex-dividend payment date
Wednesday 5 June 
Carr's Group PLCdividend payment date
Ecora Resources PLCdividend payment date
Epwin Group PLCdividend payment date
Genuit Group PLCdividend payment date
Glencore PLCdividend payment date
Porvair PLCdividend payment date
Sabre Insurance Group PLCspecial dividend payment date
Thursday 6 June 
Aberforth Split Level Income Trustex-dividend payment date
Abrdn European Logistics Income PLCex-dividend payment date
AJ Bell PLCex-dividend payment date
Albion Technology & General VCT PLCex-dividend payment date
Arbuthnot Banking Group PLCex-dividend payment date
Assura PLCex-dividend payment date
Balanced Commercial Property Trust Ltdex-dividend payment date
Billington Holdings PLCex-dividend payment date
BlackRock Sustainable American Income Trust PLCex-dividend payment date
Bodycote PLCdividend payment date
Capital Gearing Trust PLCex-dividend payment date
Computacenter PLCex-dividend payment date
Downing Strategic Micro-Cap Investment Trust PLCex-dividend payment date
Edinburgh Investment Trust PLCex-dividend payment date
Energean PLCex-dividend payment date
Equals Group PLCex-dividend payment date
FDM Group Holdings PLCex-dividend payment date
Gemfields Group Ltdex-dividend payment date
Good Energy Group PLCex-dividend payment date
Helios Underwriting PLCex-dividend payment date
Henderson European Focus Trust PLCex-dividend payment date
Informa PLCex-dividend payment date
Integrafin Holdings PLCex-dividend payment date
J Sainsbury PLCex-dividend payment date
Jersey Electricity PLCex-dividend payment date
JLEN Environmental Assets Group Ltdex-dividend payment date
Johnson Matthey PLCex-dividend payment date
Judges Scientific PLCex-dividend payment date
Learning Technologies Group PLCex-dividend payment date
Legal & General Group PLCdividend payment date
Marshalls PLCex-dividend payment date
Menhaden Resource Efficiency PLCex-dividend payment date
Michelmersh Brick Holdings PLCex-dividend payment date
Microlise Group PLCex-dividend payment date
National Grid PLCex-dividend payment date
National World PLCex-dividend payment date
Pets At Home Group PLCex-dividend payment date
Renew Holdings PLCex-dividend payment date
Restore PLCex-dividend payment date
Riverstone Credit Opportunities Income PLCex-dividend payment date
Robinson PLCex-dividend payment date
RTC Group PLCex-dividend payment date
Smiths News PLCex-dividend payment date
STS Global Income & Growth Trust PLCex-dividend payment date
Topps Tiles PLCex-dividend payment date
Utilico Emerging Markets Trust PLCex-dividend payment date
VH Global Sustainable Energy Opportunities PLCex-dividend payment date
Vodafone Group PLCex-dividend payment date
Wickes Group PLCdividend payment date
WPP PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
29 May 2024 15:05

Iliad in wait-and-see mode on M&A in Italy after failed Vodafone deal

MILAN, May 29 (Reuters) - French challenger telecoms operator Iliad is focused on growing its Italian business on a standalone basis, the head of Iliad's local operations said on Wednesday.

Read more
27 May 2024 09:49

Vodafone to wire 120,000 flats in Germany for fibre optic service

(Alliance News) - Telecommunications firm Vodafone Group PLC has signed an infrastructure contract with one of Germany's largest housing companies to expand fibre-optic internet access to an additional 120,000 flats.

Read more
16 May 2024 11:26

Deutsche Telekom's strong Europe growth helps core earnings rise

May 16 (Reuters) - Deutsche Telekom reported first-quarter adjusted core earnings of 10.5 billion euros ($11.43 billion) on Thursday, with Europe a stand-out as the German telecoms operator highlighted growth across all of its segments.

Read more
16 May 2024 09:57

LONDON BROKER RATINGS: Barclays raises Travis Perkins to 'overweight'

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

Read more
15 May 2024 10:09

TOP NEWS: Vodafone commences EUR500 million share buyback programme

(Alliance News) - Vodafone Group PLC on Wednesday said it began a share buyback programme of up to EUR500 million, a day after saying it would begin a wider EUR2.0 billion scheme following Spanish authorities giving the green light to the planned sale of its Spanish business.

Read more
15 May 2024 09:22

LONDON BROKER RATINGS: JPMorgan puts B&M on 'negative catalyst watch'

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

Read more
15 May 2024 07:44

LONDON BRIEFING: Stocks set to see gains ahead of US inflation data

(Alliance News) - Stocks in London are called higher, as investors shrug off nerves ahead of a key US inflation reading.

Read more
14 May 2024 17:38

Vodafone reports 2% rise in annual profit after stronger final quarter

Core earnings rise 2.2%, meeting market forecasts

*

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.