Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

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: 74.08
Bid: 74.08
Ask: 74.10
Change: -0.10 (-0.13%)
Spread: 0.02 (0.027%)
Open: 73.88
High: 74.42
Low: 73.74
Prev. Close: 74.18
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Vodafone halts plans to bid for Kabel Deutschland takeover

Wed, 27th Feb 2013 09:16

Vodafone Group is said to have halted plans to approach German cable operator Kabel Deutschland about a takeover bid, according to Bloomberg.Vodafone was understood to be planning to put forth an offer after Kabel released its earnings results last week. However, talks were put on hold as leaks of a potential deal complicated internal discussions, sources told the news agency.Vodafone no longer has a time frame for a possible approach, but may still decide to make a bid at some point, the sources added. "This leaves Vodafone in an awkward situation," Robin Bienenstock, an analyst at Sanford C. Bernstein, wrote in a note.Bienenstock said it opened the possibility that Kabel Deutschland will "enter a partnership relationship or more with another wireless player. This could leave Vodafone counter-bidding or simply marginalised".Royal KPN NV and Telefonica Deutschland Holding AG are potential candidates to partner with Kabel Deutschland, Bienenstock said.Representatives for Vodafone and Kabel Deutschland declined to comment.Shares in both companies climbed in morning trading. Kabel Deutschland, which delivers TV, internet and phone services to more than 8.0m German households, would help Vodafone's struggling business by protecting the group's market share from other cable rivals offering mobile packages. RD
More News
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
14 May 2024 17:20

London stocks edge higher after mixed jobs report

FTSE 100 up 0.2%; FTSE 250 adds 0.3%

*

Read more
14 May 2024 16:55

LONDON MARKET CLOSE: FTSE 100 up despite Powell's US inflation caution

(Alliance News) - London's FTSE 100 edged higher on Tuesday, shaking off a warning from Federal Reserve Chair Jerome Powell on inflation, as well as tensions between the US and China.

Read more
14 May 2024 16:40

London close: Stocks manage gains as unemployment rises

(Sharecast News) - London stocks closed higher on Tuesday, as investors analysed the latest UK jobs data and remarks from Bank of England chief economist Huw Pill.

Read more
14 May 2024 16:21

TOP NEWS: Vodafone to start share buyback after Spanish deal cleared

(Alliance News) - Vodafone Group PLC on Tuesday said it plans to kick off its EUR2.0 billion share buyback programme after Spanish authorities gave the green light to the planned sale of its Spanish business.

Read more
14 May 2024 12:07

LONDON MARKET MIDDAY: Stocks flat; BoE's Pill says summer cut possible

(Alliance News) - Stocks in London made muted progress on Tuesday, ahead of key US data, as a leading Bank of England economist suggested talk of a summer rate cut was not "unreasonable."

Read more
14 May 2024 10:47

TOP NEWS: Vodafone says more "to be done" after annual earnings beat

(Alliance News) - Vodafone PLC on Tuesday reported a return to growth in Germany, as it delivered full-year results slightly ahead of its expectations.

Read more
14 May 2024 09:52

LONDON MARKET OPEN: Stocks steady after soft jobs data; Vodafone stars

(Alliance News) - Stocks in London on Tuesday edged higher in early trading as soft jobs data boosted hopes of an interest rate cut in June.

Read more
14 May 2024 07:46

LONDON BRIEFING: UK wage growth above forecasts; Greggs sales rise

(Alliance News) - London's FTSE 100 index is called marginally lower on Tuesday, as the market awaits the release of key US economic data.

Read more
14 May 2024 07:03

Vodafone FY Vodafone cash flow better than expected

(Sharecast News) - Troubled telecoms giant Vodafone posted slightly better annual results than forecast, driven by a strong final quarter, as it continued to offload businesses and move towards its tie-up with rival operator Three.

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.