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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: 72.46
Bid: 72.46
Ask: 72.56
Change: 0.26 (0.36%)
Spread: 0.10 (0.138%)
Open: 72.18
High: 72.62
Low: 72.12
Prev. Close: 72.20
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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1 Jul 2023 12:01

Boss of troubled Vodafone Germany optimistic of turnaround

(Alliance News) - The head of Vodafone Germany says the telecoms company is getting back on its feet after a series of stumbles and declining market share in Europe's biggest economy.

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30 Jun 2023 15:39

Czech investor PPF considers selling stake in Bulgaria telecoms arm -report

BELGRADE, June 30 (Reuters) - Czech investment group PPF is in talks with Emirates Telecommunications Group Etisalat about a potential sale of a stake in its telecommunication business in Bulgaria, Bulgarian news website Capital.bg reported on Friday, citing sources.

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30 Jun 2023 13:36

Berenberg cuts target price on Vodafone, but keeps at 'hold'

(Sharecast News) - Analysts at Berenberg cut their target price for shares of Vodafone despite what they said was its cheap valuation and 10.5% dividend yield.

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30 Jun 2023 09:50

LONDON BROKER RATINGS: HSBC likes Aviva; Credit Suisse lifts Drax

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

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29 Jun 2023 21:13

DIRECTOR DEALINGS: Ryanair non-exec buys over EUR120,000 in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

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29 Jun 2023 09:00

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

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

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26 Jun 2023 17:15

FTSE 100 inches lower as defence firms drag; commodity-linked stocks rise

Defence firms fall after an aborted mutiny in Russia

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21 Jun 2023 16:16

EU antitrust regulators scrap probe into Fox unit, Ziggo

BRUSSELS, June 21 (Reuters) - EU antitrust regulators have scrapped an investigation into a Fox unit and Netherlands-based Ziggo Sport over European sports rights in 2020, two years after raiding their premises, according to an update on the European Commission website.

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21 Jun 2023 07:41

Vodafone hires Morgan Stanley to weigh options for its Spanish unit - Expansion

MADRID, June 21 (Reuters) - Britain telecoms company Vodafone has hired investment bank Morgan Stanley to evaluate the options for its Spanish unit, Spanish newspaper Expansion reported on Wednesday citing unidentified market sources.

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16 Jun 2023 14:54

Britain's antitrust head: competition is key to innovation

LONDON, June 16 (Reuters) - Competition is key to innovation, the head of Britain's antitrust authority told conference delegates on Thursday, a day after the watchdog said it would review a deal announced this week to create Britain's biggest mobile operator.

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15 Jun 2023 12:07

LONDON MARKET MIDDAY: European equities downbeat ahead of ECB decision

(Alliance News) - Stock prices in London were largely lower at midday on Thursday, as focus turned to the European Central Bank's interest rate decision due out in the early afternoon.

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15 Jun 2023 08:35

Vodafone extends Hyundai partnership for in-car streaming services

(Alliance News) - Vodafone Group PLC on Thursday said that Hyundai Motor Co and Vodafone Business have extended their existing strategic partnership, which helps to provide customers with in-car connected streaming services.

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14 Jun 2023 17:28

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

Retail, films drive modest UK economic growth

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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.

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14 Jun 2023 17:05

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

Deal would create UK's biggest mobile operator

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