GO
Loading...

Vodafone Group PLC

More

  • China overtakes US as world's top investment magnet - UN Thursday, 29 Jan 2015 | 12:00 PM ET

    GENEVA, Jan 28- China overtook the flagging United States to become the top destination for foreign direct investment last year, according to the United Nations economic thinktank UNCTAD. That was largely down to a deal between U.S. firm Verizon Communications Inc and its British partner Vodafone, which included a share buyback that reversed $130 billion of...

  • LONDON, Jan 29- Britain's dominant pay-TV group Sky plans to launch a mobile service from 2016 through a deal with O2 owner Telefonica, ramping up the pressure in the country's already crowded communications market. Sky, which raced to become the country's second-largest provider of home broadband after entering the market just seven years ago, will offer...

  • MUMBAI, Jan 29- The Indian government has asked tax officials to apply the principle behind a tax ruling in favour of Vodafone Group Plc to all similar cases, a major boost to foreign firms including Royal Dutch Shell PLC. Tax lawyers said they expected the government order to impact all the past and future cases involving tax on shares issued by a company to...

  • MUMBAI, Jan 29- India's decision to drop a tax dispute with Vodafone Group Plc is likely to mean relief for Royal Dutch Shell PLC and others caught in similar, protracted battles, as the government tries to attract much-needed foreign investment. Late on Wednesday, India's government said it would not appeal a regional court ruling in favour of Vodafone, the...

  • NEW DELHI/ MUMBAI, Jan 26- India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches. The regulations announced by the central bank, the Reserve Bank of India, reflect a realization that traditional banks...

  • *Internet governance hot topic at World Economic Forum. The issue is a hot topic at this year's World Economic Forum in Davos, and the forum is seeking to provide a platform for debate over ways to maintain an open, cross-border Web in the face of pressures for national regulation. A 2014 report by the Boston Consulting Group estimated the Internet economy will be...

  • *Telefonica exiting UK to cut debt. MADRID/ HONG KONG, Jan 23- Li Ka- shing's Hutchison Whampoa Ltd is set to buy Telefonica's British mobile unit O2 in a deal valued at more than 10 billion pounds, a source with direct knowledge of the matter said, as Asia's richest man makes one of his biggest bets yet to revamp his European telecoms business. The agreement is likely to...

  • Verizon reports 4Q loss on pension costs Thursday, 22 Jan 2015 | 7:09 AM ET

    NEW YORK— Verizon Communications Inc. on Thursday reported a fourth-quarter loss of $2.23 billion, hurt by pension and severance costs. Verizon, which bought out its wireless division from British cellphone carrier Vodafone Group last year, said it added 2.1 million net retail connections during the quarter. The average estimate of analysts surveyed by...

  • India, U.S. near tax pact to boost foreign investment Thursday, 22 Jan 2015 | 6:02 AM ET

    MUMBAI, Jan 22- India is set to strike a bilateral tax agreement with the United States as early as this weekend, hoping to boost foreign investment and ease concerns raised by bruising disputes including cases against Vodafone and Shell. President Barack Obama' s visit to India, which begins on Sunday. Transfer pricing, or the value at which multinational...

  • GANDHINAGAR, India, Jan 11- Indian Prime Minister Narendra Modi promised on Sunday to pursue predictable policies and ensure stable taxes, in a speech that sought to address a key concern for foreign investors in Asia's third-largest economy. In one high-profile case, Britain's Vodafone was caught out by retroactive tax claims in India. These included a drive...

  • Resurgent BT comes back to haunt old rival Vodafone Tuesday, 16 Dec 2014 | 10:30 AM ET

    LONDON, Dec 16- BT's move to buy mobile operator EE is expected to put the former state-owned telecoms giant back in pole position as fixed line and mobile services converge, forcing rivals such as Vodafone to make costly moves of their own to keep up. The EE move also revives BT's rivalry with Vodafone which dates back to when they were the two biggest names in...

  • LONDON, Dec 12- Britain has all the right ingredients for an M&A boom, upbeat company bosses, a vibrant economy and a buoyant stock market, but dealmaking is lagging behind the rest of the world. In Britain, although M&A activity is up compared to 2013, it has been flat for the last five years. Ten years ago, dealmaking in Britain, Europe's financial hub and home to some of...

  • LONDON, Dec 9- The board of BT met on Tuesday to discuss the possible acquisition of British mobile operators O2 or EE, and agreed to continue talks with both sides, a person familiar with the situation said. The telecoms group has been in talks with O2's owner Telefonica and with the parent firms of Britain's largest mobile carrier EE, France's Orange and Germany's...

  • BT has been in talks with O2's owner Telefonica and with the parent firms of Britain's largest mobile carrier EE, France's Orange and Germany's Deutsche Telekom. Telefonica is also eager to sell because it needs to cut debt. BT, Telefonica, Orange and Deutsche Telekom declined to comment.

  • FRANKFURT, Dec 5- Pressure from competition regulators could prompt Liberty Global to abandon Germany if it can no longer pursue its growth ambitions in Europe's biggest cable market, sources have told Reuters. The case has provided further evidence to Liberty- Europe's biggest cable group- that it will not be allowed to expand through acquisitions in Germany,...

  • *Germany's DAX ends at record close of 10,087.12 points. PARIS, Dec 5- European stocks rallied on Friday, with Germany's DAX hitting a record closing high, boosted by data showing U.S. employers took on the most workers for nearly three years in November. Germany's DAX surged 2.4 percent, ending at a record closing high of 10,087.12 points.

  • *Oil services shares drop as Brent at $69/ barrel. PARIS, Dec 5- European stocks extended their broad rally on Friday afternoon after data showed U.S. employers added the largest number of workers in nearly three years in November. It really fuels the bullish sentiment on the market, " Saxo Bank trader Pierre Martin said.

  • Vodafone plays down chance of Liberty deal Wednesday, 3 Dec 2014 | 1:31 PM ET

    LONDON, Dec 3- Vodafone has met with analysts and investors this week to calm fears it could make a multi-billion dollar takeover bid for Europe's biggest cable company Liberty Global, according to people present. Shares in Vodafone fell on Monday after people familiar with the situation said the world's second-biggest mobile operator was considering its...

  • European stocks knocked lower by commodity slump Monday, 1 Dec 2014 | 8:34 AM ET

    *Vodafone dips on worries over potential bid for Liberty Global. Shares in UK telecom group Vodafone sank 4.4 percent on talk it would bid for cable operator Liberty Global. Sources said Vodafone is reviewing potential acquisitions, including Liberty Global, to counter pending consolidation among rivals in Britain.

  • UPDATE 1-Altice set to buy Oi's Portugal operations Sunday, 30 Nov 2014 | 4:39 PM ET

    "Altice announces that it has entered into an exclusivity agreement with Oi to agree the purchase of the Portuguese assets of Portugal Telecom," said the statement. Altice already owns two small cable companies in Portugal and buying the former state-owned monopoly Portugal Telecom would vault it into prime position to compete with Vodafone and Optimus.