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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: 74.08
Bid: 74.24
Ask: 74.28
Change: 0.58 (0.79%)
Spread: 0.04 (0.054%)
Open: 73.82
High: 75.00
Low: 73.48
Prev. Close: 73.50
VOD Live PriceLast checked at -

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Valuation likely to be sticking point in Vodafone-Liberty deal, says Bank of America

Wed, 20th May 2015 09:09

Vodafone's share price is likely to be buoyed by speculation regarding a potential merger with Liberty Global over the coming days, though analysts at Bank of America Merrill Lynch remained cautious.The US bank reiterated an 'underperform' rating on the stock, saying that concerns about each company's valuation are likely to be a "major stalling point" for any potential deal.A day after underwhelming with its annual results, Vodafone's stock was rebounding on Wednesday following comments by Liberty's chairman John Malone that the UK telecom would be a "great fit".He said in an interview with Bloomberg that a Vodafone tie-up would create "substantial synergies [...] if we could find a way to work together or combine the companies with respect to Western Europe".Merrill Lynch analysts had previously flagged the "strategic logic" of a deal between the two groups, identifying $20bn of potential synergies.However, with Vodafone trading at 6.9 times operating profits and Liberty at over 9.0 times, "valuation looks set to be a major stalling point", the broker said."A merger of equals is unlikely to satisfy either party with a synergy split equivalent to around 10% upside per share VOD upside, or 20% per Liberty share," Merrill said."Nevertheless, Mr Malone's 'approach' is likely to boost VOD in coming days."Aside from the Liberty speculation, Merrill said Vodafone remains a "work in progress" with its recent results "overshadowed by underperformance in its biggest market, Germany".The broker said: "Our concern remains that mid-term capex guidance is too low and that dividend cover is at risk from an already high payout."The stock was up 3.2% at 233.9p by 09:21.
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5 Sep 2023 08:00

Vodafone teams up with Amazon's Project Kuiper to extend 5G reach

LONDON, Sept 5 (Reuters) - Vodafone plans to work with Amazon's low Earth orbit satellite constellation Project Kuiper to extend the reach of its 4G and 5G telecoms networks in Europe and Africa.

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31 Aug 2023 21:37

Vodafone and Samsung begin mass rollout of open RAN in UK

(Alliance News) - Samsung Electronics Co on Thursday said that it and Vodafone Group PLC are replacing technology in the UK with virtualised open radio access networks, alias RAN, on Vodafone's 2,500 sites.

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23 Aug 2023 17:43

Zelenskiy vows to end Russian occupation of Crimea, defends strategy

Zelenskiy hosts conference in Kyiv on Crimea

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16 Aug 2023 13:24

Safaricom launches M-Pesa mobile money service in Ethiopia

ADDIS ABABA, Aug 16 (Reuters) - Safaricom's M-Pesa mobile money service went live in Ethiopia on Wednesday, in a boost to the Kenyan telecoms operator as it seeks to kickstart growth in one of Africa's biggest economies.

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16 Aug 2023 09:29

LONDON BROKER RATINGS: RBC cuts Antofagasta; Shore likes Trainline

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

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15 Aug 2023 17:00

South Africa's MTN looks to unlock hidden value with stake sales

JOHANNESBURG, Aug 15 (Reuters) - The CEO of South Africa's MTN Group said on Tuesday he plans to bring in minority partners in fintech and fibre and then list the businesses as separate entities to reach a market capitalisation of more three times its net asset value (NAV).

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7 Aug 2023 09:14

LONDON BROKER RATINGS: JPMorgan lifts Rolls-Royce; RBC cuts Unite

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

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3 Aug 2023 14:41

'Black swan event': Telefonica Deutschland extends losses on lost Vodafone deal

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3 Aug 2023 13:19

IN BRIEF: James Fisher hires new CFO from Johnson Matthey

James Fisher & Sons PLC - Barrow In Furness, Cumbria-based marine services - Hires Karen Hayzen-Smith to be chief financial officer, starting by December 1. At that time, Duncan Kennedy will step down as CFO and from the board but will remain at James Fisher for a short transition. Hayzen-Smith currently is director of group finance at chemicals firm Johnson Matthey PLC. She has been in that role since January 2020 and also served as interim CFO for Johnson Matthey from November of that year to April 2021. Prior to Johnson Matthey, Hayzen-Smith worked at Babcock International Group PLC and Vodafone Group PLC.

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2 Aug 2023 17:04

Surprise US debt downgrade knocks European stocks to two-week lows

STOXX 600 off 1.4%Fitch US downgrade sparks risk-off mood

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2 Aug 2023 16:39

UAE's e& offers to increase stake in Vodafone to 20% - e& CEO to CNBC Arabia

DUBAI, Aug 2 (Reuters) - UAE's e& EAND.AD CEO Hatem Dowidar told CNBC Arabia on Wednesday his company was seeking to increase its stake in Vodafone to 20%.

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2 Aug 2023 16:39

United Internet shares surge on Vodafone deal with 1&1

(Sharecast News) - Shares in United Internet surged on Wednesday after its majority-owned German mobile and broadband provider 1&1 agreed agreed a deal for Vodafone to provide 5G coverage to its customers, in a move that would see it replace Telefonica Deutschland.

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2 Aug 2023 16:31

UAE's e& seeking to raise Vodafone stake to 20% - e& CEO to CNBC Arabia

DUBAI, Aug 2 (Reuters) - UAE's e& CEO Hatem Dowidar told CNBC Arabia on Wednesday his company was seeking to increase its stake in Vodafone to 20%.

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2 Aug 2023 15:08

Germany's 1&1 switches to Vodafone for 5G network deal

LONDON, Aug 2 (Reuters) - German mobile and broadband provider 1&1 said it had agreed a deal for Vodafone to provide 5G coverage to its customers, ousting current network partner Telefonica Deutschland by October 2024 at the latest.

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2 Aug 2023 13:13

Vodafone boosted by 1&1 5G network deal in Germany

LONDON, Aug 2 (Reuters) - Vodafone said on Wednesday it had agreed a long-term, exclusive national roaming partnership deal to provide 5G mobile coverage to 1&1's customers in Germany, in a deal which it said would be cashflow accretive from its 2026 financial year.

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