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  2. Share Prices
  3. Vodafone Share Price
  4. Vodafone Share News
  5. Vodafone still stabilising in third quarter

Pin to quick picksVodafone Share News (VOD)

Vodafone Information

Share Price Information for Vodafone (VOD)

London Stock Exchange
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Share Price: 77.18
Bid: 77.30
Ask: 77.34
Change: -0.34 (-0.44%)
Spread: 0.04 (0.052%)
Open: 77.76
High: 78.74
Low: 77.02
Prev. Close: 77.52
VOD Live PriceLast checked at -

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Vodafone still stabilising in third quarter

Thu, 04th Feb 2016 07:06

(ShareCast News) - Vodafone was still looking to stabilise its operations in the third quarter of the year, posting some organic growth but reported contractions, with particular struggles in Europe.The FTSE 100 mobile network operator said it had a 1.4% increase in group organic service revenue to £10.28bn, though it was down 6.3% on a reported basis in the three months to 31 December 2015.Vodafone said its recovery in Europe was ongoing, with that market contracting by 0.6% on an organic basis and 7.1% on a reported basis.Its commercial progress in that region saw it add 506,000 net mobile contracts during the period, and 311,000 broadband customers.Fixed line service revenue specifically was up 3.7% in Europe, with the firm now marketing high speec broadband to 69m customers, with 29m on the network.Vodafone's Africa, Middle East and Asia Pacific (AMAP) region saw organic growth of 6.5%, but a reported contraction of 3.6%."We have taken another step forward in the last three months, with the highlights being a strong performance in South Africa and improving trends in Germany and Italy", said group chief executive Vittorio Colao."With seven million new customers in the quarter, we have maintained out good commercial momentum in mobile and are beginning to accelerate in fixed, as we launch converged services in more markets", he added.The company's Project Spring was also ongoing, with 4G coverage up to 84% in Europe and AMAP build targets achieved.Vodafone added 4.7m 4G customers in the quarter, and now had a total of 34.8m."Customers are increasingly recognising the quality of our networks, leading to strong growth in data usage and benefiting from the significant investments in 4G and fibre that we have made over the last two years", Colao said.The Vodafone Group's board confirmed its previous guidance for the full year.
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28 Jul 2023 13:13

Telefonica has approached Vodafone on Spanish broadband deal - Bloomberg News

July 28 (Reuters) - Telefonica has approached British telecoms group Vodafone about a potential deal involving internet broadband networks in Spain, the Spanish company's chief operating officer told Bloomberg News on Friday.

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27 Jul 2023 13:17

Citi says Vodafone not yet 'out of the woods', stays at neutral

(Sharecast News) - Analysts at Citi reiterated their 'neutral' recommendation on shares of Vodafone, labelling the telecoms operator's first quarter results as "decent".

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24 Jul 2023 17:14

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24 Jul 2023 10:32

Vodafone takes 'first steps' in turnaround with top-line improvement

LONDON, July 24 (Reuters) - Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improvements in Germany, Italy and Spain, marking a positive start for new Chief Executive Margherita Della Valle's turnaround plan.

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24 Jul 2023 08:32

TOP NEWS: Vodafone organic revenue rises; appoints new finance chief

(Alliance News) - Vodafone Group PLC on Monday reported a boost in its organic revenue in its first quarter, alongside appointing a new chief financial officer.

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24 Jul 2023 07:51

LONDON BRIEFING: Stocks to open lower; Vodafone quarterly revenue dips

(Alliance News) - Stocks in London are set to open lower on Monday, ahead of a busy week focused on key interest rate decisions from the three major central banks.

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24 Jul 2023 07:09

Vodafone Q1 revenue rises, appoints new CFO

(Sharecast News) - Telecoms giant Vodafone said first-quarter group service revenue rose 3.7%, helped by its UK operations.

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24 Jul 2023 07:01

Vodafone appoints Luka Mucic as CFO

(Sharecast News) - Vodafone on Monday said it had appointed Luka Mucic as chief financial officer effective from September 1.

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19 Jul 2023 10:39

Vodafone launches faster social broadband tariff Fibre 2 Essentials

(Alliance News) - Vodafone Group PLC has launched a new social broadband tariff with faster speeds to encourage families struggling with the cost of living to take up the help.

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18 Jul 2023 08:22

Vodafone to receive EUR500 million from further sale of Vantage Towers

(Alliance News) - Vodafone Group PLC on Tuesday said it has continued to reduce its stake in Vantage Towers AG, receiving a further EUR500 million from a consortium of infrastructure investors.

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18 Jul 2023 07:06

Vodafone to get another EUR 500m from Vantage Towers deal

(Sharecast News) - Vodafone Group will receive an additional €500m in proceeds as part of the co-control partnership for Vantage Towers, it announced on Tuesday.

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