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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: 69.98
Bid: 70.06
Ask: 70.08
Change: 0.58 (0.84%)
Spread: 0.02 (0.029%)
Open: 69.54
High: 71.18
Low: 69.54
Prev. Close: 69.40
VOD Live PriceLast checked at -

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Vodafone Q1 revenue falls 4.4% - UPDATE

Fri, 25th Jul 2014 07:08

Telecoms giant Vodafone pleased investors with its quarterly performance on Friday after an improvement in service revenue in Africa, the Middle East and Asia Pacific partly offset declines in Europe. Overall, group service revenue fell 4.2% to £9,446m, as anticipated, while organic group revenue declined 4.4% to £10,204m. The group said it had faced a more challenging operating environment in Europe, where service revenue declined 7.9%, although its performance in several markets, including Germany and Italy, have begun to show some signs of stabilisation quarter-on-quarter. Spain delivered a particularly weak performance, due to increased competition and a change in market habits towards SIM-only packages. Chief Executive Vittorio Colao said: "The year has started in line with our expectations. Through our commercial actions and investment, our performance is beginning to stabilise quarter-on-quarter in several of our European markets, with customer appetite for 4G services clearly growing. "We also see very strong growth in demand for data in India. In unified communications, we have made further good progress on our strategy, continuing to implement our plans in several markets, and our customer growth trends demonstrate the strength of our commercial execution. "Our £19bn Project Spring investment programme has taken off quickly, with capex nearly doubling year-on-year, and our 4G coverage in Europe up 20 percentage points to 52% in the last nine months. We are increasingly well positioned to deliver high speed mobile and fixed data services to consumers and businesses alike."Shares had risen 2.6% to 203p by 09:27.NR
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26 Jan 2024 17:02

LONDON MARKET CLOSE: Stocks up as Fed's preferred inflation read cools

(Alliance News) - Stock prices in London closed up on Friday, as investors predicted and responded positively to a cooling inflation read in the US.

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26 Jan 2024 16:21

London close: Stocks finish higher as US inflation cools

(Sharecast News) - London's financial markets closed positively on Friday, as investors were buoyed by an optimistic consumer confidence survey and a lower-than-anticipated inflation reading from across the pond.

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26 Jan 2024 14:54

UK took 'proportionate' steps over Vodafone's Abu Dhabi shareholder -minister

LONDON, Jan 26 (Reuters) - Britain said it had put in place "proportionate measures" to alleviate its national security concerns about the relationship between Vodafone and Abu Dhabi-based telecoms group e&, explaining its decision to approve the strategic partnership.

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26 Jan 2024 13:29

UK dividends calendar - next 7 days

Monday 29 January 
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TOP NEWS: UK regulator opens probe into Vodafone merger with Three UK

(Alliance News) - The UK competition watchdog on Friday said it was launching a phase one investigation looking into the merger of Three UK and Vodafone Group PLC's UK business.

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26 Jan 2024 11:17

UK antitrust regulator begins investigation of Vodafone-Hutchison merger

CMA starts phase 1 investigation

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26 Jan 2024 08:29

Competition watchdog probes Vodafone-Three merger

(Sharecast News) - The competition regulator has opened a formal investigation into the proposed £15bn merger between Vodafone Group and Three UK, it was confirmed on Friday.

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25 Jan 2024 14:08

UAE telco's stake in Vodafone poses some security risks, UK says

Vodafone needs to manage the risks posed by e& stake, UK says

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25 Jan 2024 11:33

Emirates stake in Vodafone poses national security risk, UK says

LONDON, Jan 25 (Reuters) - Emirates Telecommunications' stake in Vodafone is a national security risk in respect of the British company's government contracts, Britain said, adding that Vodafone should take steps to manage the risk. (Reporting by Paul Sandle and Elizabeth Piper, Editing by Kylie MacLellan)

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Vodafone signs $1.5 bln Microsoft deal for AI, cloud and IoT

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