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

Vodafone has 30 days to pay India $2.5bn tax bill

Fri, 22nd Oct 2010 15:50

Vodafone has been given a 30-day deadline to pay a $2.5bn tax bill the Indian authorities say it owes following the acquisition of Hutchison Whampoa assets three years ago.The mobile phone giant is appealing against the decision, claiming the $11bn deal is not subject to taxation as it was struck between two offshore entities.British firm Vodafone bought the Indian telecoms assets of Hong Kong conglomerate Hutchison Whampoa in 2007."Vodafone strongly disagrees with the tax calculation," the company said in a statement after receiving its first formal tax demand from the Indian tax department."The tax authority is attempting to interpret Indian law as it has never been interpreted for the past 50 years, and this interpretation also goes against internationally recognised tax norms."Vodafone's boss Vittorio Colao is not a happy man. He's paying $2.6bn for a 3G licence and investing another $500m in the network."We need to get more certainty that regulation will not come back and bite us in order to confirm our investment," said he told India's Economic Times newspaper."I have actually invested more in India because I do believe in the country, but of course now I also need a positive outcome from the tax case and stable regulatory environment to continue."
More News
14 Jun 2023 17:28

UK's FTSE 100 rises on mining boost; Fed decision awaited

Retail, films drive modest UK economic growth

*

Read more
14 Jun 2023 17:09

Vodafone CEO secures early win, but long road ahead on the deal front

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle has bagged her first win with a merger deal in Britain, but the time it took to get there and the tortuous road ahead shows the scale of the challenge she faces to turn around the telecoms group.

Read more
14 Jun 2023 17:05

Vodafone, Hutchison strike $19 bln deal to create UK mobile leader

Deal would create UK's biggest mobile operator

*

Read more
14 Jun 2023 16:56

LONDON MARKET CLOSE: Europe rises as US inflation eases pre-Fed nerves

(Alliance News) - Blue-chip stocks in Europe ended higher on Wednesday, with Frankfurt's DAX 40 hitting a record high, as cooling US inflation all but ensures the Federal Reserve will decide against a rate hike later today.

Read more
14 Jun 2023 12:48

Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

LONDON, June 14 (Reuters) - Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday.

Read more
14 Jun 2023 12:37

Vodafone boss: Hutchison deal doesn't change dividend policy

LONDON, June 14 (Reuters) - Vodafone boss Margherita Della Valle said the company's deal to merge its UK operations with that of CK Hutchison's did not affect its current dividend policy.

Read more
14 Jun 2023 12:30

Vodafone will take Hutchison deal to competition watchdog in 'coming weeks'

LONDON, June 14 (Reuters) - Vodafone will present its British merger deal with CK Hutchison to Britain's competition regulator in the coming weeks, the London-listed company's UK CEO said on Wednesday.

Read more
14 Jun 2023 12:17

LONDON MARKET MIDDAY: FTSE 100 up; Vodafone unveils UK mobile merger

(Alliance News) - The FTSE 100 index was higher at midday in London on Wednesday, buoyed by market confidence that the US Federal Reserve will hold interest rates steady later in the day, as well as a major merger announcement from telecommunications firm Vodafone.

Read more
14 Jun 2023 11:37

TOP NEWS: Vodafone and CK Hutchison unveil mega UK mobile merger

(Alliance News) - Vodafone Group PLC and CK Hutchison Holdings Ltd on Wednesday announced a tie-up of their UK telecommunications arms, following talks which began last year.

Read more
14 Jun 2023 11:11

Vodafone, Three to merge UK mobile operations

(Sharecast News) - Vodafone said on Wednesday that it has agreed to merge its telecoms business with CK Hutchison's Three UK mobile network.

Read more
14 Jun 2023 11:07

Vodafone, Hutchison unveil UK mobile merger

LONDON/HONG KONG, June 14 (Reuters) - Vodafone and CK Hutchison will merge their British operations, the two groups said on Wednesday, creating the country's largest mobile operator.

Read more
14 Jun 2023 09:02

LONDON BROKER RATINGS: UBS raises Wizz Air to 'buy'

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

Read more
12 Jun 2023 11:00

Recession risks still loom for markets calmer after banking turmoil

June 12 (Reuters) - The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a full on credit-crunch and a U.S. debt ceiling crisis has been averted.

Read more
9 Jun 2023 07:10

World Bank Group pledges more support for Safaricom Ethiopia

June 9 (Reuters) - The World Bank Group's private investment arm and guarantee agency have pledged more support for the first private telecoms operator in Ethiopia, Safaricom Ethiopia.

Read more
8 Jun 2023 17:59

London stocks slip as interest rate angst persists; ex-div stocks weigh

Crest Nicholson down, flags slowdown worries

*

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.