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Vodafone Group PLC (VOD.L)

VOD.L on London Stock Exchange

159.06GBp
5:25pm BST
Change (% chg)

-2.36 (-1.46%)
Prev Close
161.42
Open
159.88
Day's High
160.76
Day's Low
158.28
Volume
173,658,591
Avg. Vol
77,114,261
52-wk High
171.78
52-wk Low
122.22

Latest Key Developments (Source: Significant Developments)

Vodafone Group Announces Strategic Partnership Agreement In Oman
Thursday, 5 Sep 2019 

Sept 5 (Reuters) - Vodafone Group PLC ::OMAN FUTURE TELECOMMUNICATIONS.STRATEGIC PARTNERSHIP AGREEMENT IN SULTANATE OF OMAN AS PART OF VODAFONE'S PARTNER MARKETS PROGRAMME..UNDER NON-EQUITY AGREEMENT, COMPANIES WILL WORK TOGETHER TO ROLL OUT NEW MOBILE NETWORK, DEVELOP NEW SERVICES USING VODAFONE BRAND IN OMAN.  Full Article

Vodafone Group Says To Sponsor Porsche Formula E Team
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Vodafone Group Plc ::VODAFONE GROUP TO SPONSOR PORSCHE FORMULA E TEAM.WILL BE OFFICIAL COMMUNICATION PARTNER OF PORSCHE MOTORSPORT WHEN AUTOMOBILE MANUFACTURER ENTERS 2019/2020 ABB FIA FORMULA E CHAMPIONSHIP.  Full Article

Vodafone Idea Says Balesh Sharma Steps Down As CEO
Monday, 19 Aug 2019 

Aug 19 (Reuters) - Vodafone Idea Ltd ::BALESH SHARMA HAS STEPPED DOWN AS THE CHIEF EXECUTIVE OFFICER.SAYS SHARMA RESIGNED DUE TO PERSONAL REASONS.APPROVED THE APPOINTMENT OF RAVINDER TAKKAR AS THE MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER OF THE COMPANY.SAYS SHARMA TO TAKE UP NEW ROLE WITH VODAFONE GROUP, TO BE ANNOUNCED LATER.  Full Article

Vodafone Completes Acquisition Of Liberty Global Assets
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - Vodafone Group PLC ::COMPLETION - ACQUISITION OF LIBERTY GLOBAL ASSETS.  Full Article

TIM, Vodafone Sign Agreements For 5G Network Sharing Partnership
Friday, 26 Jul 2019 

July 26 (Reuters) - Telecom Italia SpA ::AGREEMENT WITH VODAFONE TO SHARE MOBILE NETWORK.TIM AND VODAFONE SIGN AGREEMENTS FOR ACTIVE NETWORK SHARING PARTNERSHIP FOR 5G.VODAFONE AND TIM EXPECT TO BENEFIT FROM SYNERGIES WORTH OVER 800MLN EACH OVER NEXT 10 YEARS.TO COMBINE WITH VODAFONE PASSIVE NETWORKS WITHIN INWIT, CREATING ITALY'S BIGGEST TOWER COMPANY.TIM AND VODAFONE WILL JOINTLY CONTROL NEW INWIT WITH EQUAL STAKES OF 37.5% EACH.TIM AND VODAFONE WILL HAVE OPTION OF REDUCING STAKES DOWN TO 25%.TRANSACTION WILL ALLOW TIM TO CUT DEBT BY MORE THAN €1.4BLN OVER TIME.VODAFONE WILL USE THE PROCEEDS FROM THE TRANSACTION TO REDUCE DEBT.EXPECTED ANNUAL €200MLN IMPROVEMENT IN NEW INWIT'S EBITDA BY 2026 THROUGH SYNERGIES.  Full Article

INWIT Sees 2026 Revenues Of Over EUR 1 Bln After TIM-Vodafone 5G Deal
Friday, 26 Jul 2019 

July 26 (Reuters) - Inwit ::TOTAL REVENUES EXPECTED TO EXCEED €1 BILLION IN 2026 FOLLOWING TIM-VODAFONE 5G DEAL.EXPECTS ITS RECURRING FREE CASH FLOW TO EXCEED €600 MILLION BY 2026.  Full Article

Vodafone CFO: towers can command multiple upwards of 20 times earnings
Friday, 26 Jul 2019 

July 26 (Reuters) - Vodafone ::CEO SAYS ON ITALY NETWORK SHARING, "RUMOUR HAS IT THERE WILL BE ANNOUNCEMENT LATER THIS AFTERNOON".CFO SAYS TOWER VALUE MULTIPLE RATES IN THE MARKET ARE 20 TIMES UPWARDS, VODAFONE'S ASSETS ARE PARTICULARLY HIGH QUALITY.  Full Article

Cellnex not looking to invest in listed firms such as Vodafone project
Friday, 26 Jul 2019 

July 26 (Reuters) - Cellnex Telecom SA CEO , Tobias Martinez, says ::NOT LOOKING TO INVEST IN LISTED COMPANIES SUCH AS VODAFONE'S PLANNED MAST COMPANY."IF IT IS A LISTED COMPANY, MY FIRST REACTION IS NOT VERY POSITIVE"."I THINK WE ARE NOT LOOKING FOR THIS TYPE OF PROJECT" .  Full Article

ACCC Says Vodafone To Compensate Customers Over 'Direct Carrier Billing' Charges
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Australian Competition and Consumer Commission::VODAFONE ADMITTED TO MAKING FALSE OR MISLEADING REPRESENTATIONS ABOUT ITS THIRD-PARTY DIRECT CARRIER BILLING SERVICE.VODAFONE WILL CONTACT AND REFUND IMPACTED CUSTOMERS.VODAFONE SAYS LIKELY BREACHED ASIC ACT FROM AT LEAST 2015, BY CHARGING CONSUMERS FOR CONTENT THEY NOT AGREED TO BUY OR PURCHASED UNKNOWINGLY.  Full Article

Vodafone Group says Vinod Kumar Appointed CEO Of Vodafone Business
Monday, 8 Jul 2019 

July 8 (Reuters) - Vodafone Group PLC ::VODAFONE GROUP PLC - VINOD KUMAR APPOINTED AS CEO OF VODAFONE BUSINESS.VODAFONE GROUP PLC - VINOD WILL JOIN EXECUTIVE COMMITTEE FROM THAT DATE AND REPORT TO VODAFONE GROUP CHIEF EXECUTIVE NICK READ.VODAFONE GROUP PLC - VINOD SUCCEEDS VODAFONE GROUP CEO REST OF WORLD, VIVEK BADRINATH.VODAFONE GROUP PLC - APPOINTMENT OF VINOD KUMAR AS CHIEF EXECUTIVE OFFICER OF VODAFONE BUSINESS WITH EFFECT FROM 2 SEPTEMBER 2019.  Full Article

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Factbox - Facebook's cryptocurrency Libra and digital wallet Calibra

SAN FRANCISCO/NEW YORK Facebook Inc revealed lofty plans to establish a cryptocurrency called Libra in June, but the project quickly ran into trouble with sceptical regulators around the world.