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(Alliance News) - Investors were not in the festive spirit on Thursday, with stocks in London down, as the last load of US economic data edges closer.
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Share Price Information for Vodafone (VOD)
Share Price is delayed by 15 minutes
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Share Price:
67.66
Bid:
67.68
Ask:
67.72
Change:
-2.34 (-3.34%)
Spread:
0.04 (0.059%)
Open:
69.84
High:
69.84
Low:
67.54
Prev. Close:
70.00
Last checked at -
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Don't have an account? Click here to register.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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21 Dec 2023 08:59
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Swisscom weighing offer for Vodafone's Italian business
(Sharecast News) - Swiss telecommunications firm Swisscom has been mulling over an offer for Vodafone's Italian operations early next year, according to Bloomberg, potentially countering a rival bid from Iliad SA.
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Read more20 Dec 2023 19:56
PRESS: Swisscom weighs up offer for Vodafone's Italian business
(Alliance News) - Swisscom AG is weighing an offer for Vodafone Group PLC's Italian business early next year, potentially countering a rival bid from Iliad SA for the unit, Bloomberg reported, citing people familiar with the matter said.
Read more20 Dec 2023 08:48
LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes
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Read more19 Dec 2023 06:00
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*Read more18 Dec 2023 16:35
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*Read more18 Dec 2023 15:35
London close: Stocks make small gains in wake of rate decisions
(Sharecast News) - London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.
Read more18 Dec 2023 11:50
LONDON MARKET MIDDAY: Stocks edge higher amid festive cheer
(Alliance News) - Stock prices in London were outperforming its European peers at midday Monday, after investors digested some hawkish comments from US Federal Reserve officials.
Read more18 Dec 2023 10:43
UPDATE: Vodafone confirms eyeing merger or disposal of Italy business
(Alliance News) - Vodafone Group PLC on Monday confirmed it is "exploring options with several parties" to combine or sell its telecommunications operations in Italy.
Read more18 Dec 2023 09:17
PRESS: France's Iliad prepares offer to combine with Vodafone in Italy
(Alliance News) - France's Iliad SA wants to finalise by the end of January a proposal to Vodafone Group PLC to combine their telecommunications operations in Italy, Reuters reported late Friday.
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