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Vodafone Group PLC

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  • UPDATE 3-Verizon profit misses expectations, shares fall Thursday, 24 Apr 2014 | 12:40 PM ET

    NEW YORK, April 24- Verizon Communications Inc's reluctance to offer mass discounts in a near-saturated mobile market is costing it new subscribers, analysts said on Thursday as the largest U.S. wireless carrier missed Wall Street's profit expectations.

  • NEW YORK, April 24- Verizon Communications Inc said it will try to avoid following rivals into the practice of winning more customers through discounts, as the company's quarterly profit fell short of Wall Street expectations on Thursday.

  • NEW YORK, April 23- Verizon Communications Inc profit fell short of Wall Street expectations on Tuesday, even as the company's revenue rose 4.8 percent, its highest growth rate in five quarters. Excluding unusual items, its earnings per share of 0.84 cents fell short of Wall Street expectations of 87 cents per share.

  • Verizon 1Q profit surges on Vodafone-related gains Thursday, 24 Apr 2014 | 8:07 AM ET

    NEW YORK— Verizon's $130 billion deal to take over of all of Verizon Wireless is helping lift its profit. Verizon is reaping the benefits of higher profits and full access to Verizon Wireless' cash flows now that the deal has closed, said Verizon CFO Francis Shammo on a conference call with investors.

  • Verizon reports higher revenue after Vodafone deal Thursday, 24 Apr 2014 | 7:50 AM ET

    NEW YORK, April 23- Verizon Communications Inc said on Thursday its quarterly revenue rose 4.8 percent after its acquisition of Vodafone's 45 percent share in their prior joint venture for $130 billion gave the company access to greater amounts of cash flow.

  • TOKYO, April 24- For Japanese billionaire Masayoshi Son, who wants to build the world's largest mobile Internet company, criticism of his operations from regulators in his home market could not come at a worse time.

  • UPDATE 2-Ericsson misses forecasts as waits for 4G boost Wednesday, 23 Apr 2014 | 7:51 AM ET

    STOCKHOLM, April 23- Ericsson, the world's biggest mobile telecom equipment maker, missed first-quarter sales and profit forecasts as its work to rollout faster fourth-generation networks failed to offset the ending of older projects.

  • Vivendi's SFR to partner with Vodafone - CEO Saturday, 19 Apr 2014 | 11:37 AM ET

    PARIS, April 19- The head of Vivendi's French telecom unit SFR, won by cable company Numericable in a fierce bidding war, said in comments published on Saturday it planned to partner with Britain's Vodafone in a network-sharing project.

  • FRANKFURT, April 17- German business software maker SAP warned on Thursday that it expects the negative impact of the strong euro to worsen after reporting lower than expected first-quarter results. The currency has gained 2.3 percent on the U.S. dollar and nearly 6 percent against Japan's yen in the past six months.

  • UPDATE 2-SAP warns exchange rate impact to worsen in Q2 Thursday, 17 Apr 2014 | 2:03 AM ET

    *Q1 operating profit 919 mln euros, below poll of 961 mln. FRANKFURT, April 17- German business software maker SAP warned on Thursday that it expected the negative impact of volatile exchange rates to worsen in the second quarter as the strong euro weighs on its financial results.

  • *Diageo offers to buy up to 26 pct more of United Spirits. MUMBAI/ LONDON, April 15- Diageo, the world's biggest spirits maker, has launched a $1.9 billion bid to nearly double its stake in United Spirits Ltd, offering a rich price in the hope that India's increasingly wealthy consumers will drink more alcohol.

  • Goldman Sachs& Co, Morgan Stanley and Credit Suisse are the lead underwriters for the IPO, Zendesk said in a filing with the U.S. Securities and Exchange Commission. Charles River Ventures, an early investor in Twitter Inc, is Zendesk's biggest shareholder with a 24.5 percent stake, followed by Benchmark Capital Partners LP that has an 18.7 percent stake.

  • MILAN, April 10- A board overhaul at Telecom Italia is set to placate belligerent minority investors, allowing Chief Executive Marco Patuano to focus on revamping the company's domestic business as the Italian economy begins to revive. Yet questions remain over how he will handle a prospective sale of Telecom Italia's Brazilian assets.

  • MILAN, April 8- The government of Matteo Renzi is looking to wipe the slate clean and seek new names at Italy's main state-controlled groups including oil major Eni as top management comes up for renewal, government, political and industry sources said.

  • LONDON, April 7- Private equity firm Cinven made a 1.5 billion euro capital gain on its investment in French cable operator Numericable, but said on Monday the era of such hugely profitable deals for its industry in the cable sector is ending.

  • EU lawmakers vote to end mobile roaming fees Friday, 4 Apr 2014 | 1:21 AM ET

    The European Parliament voted to end mobile phone roaming fees by 2016 and barred telecoms operators from prioritizing some Internet traffic over others.

  • BRUSSELS, April 3- The European Parliament voted to end mobile phone roaming fees by 2016 and barred telecoms operators from prioritising some Internet traffic over others, moves that will cheer Europe's consumers and frustrate industry seeking new forms of revenue.

  • LONDON, March 31- Vodafone brought the mobile money service that has revolutionised banking in Africa to Romania on Monday, offering M-Pesa text-message transactions to millions of customers in its first push into Europe.

  • Vodafone brings Africa's M-Pesa mobile money to Europe Monday, 31 Mar 2014 | 10:06 AM ET

    LONDON, March 31- Vodafone brought the mobile money service that has revolutionised banking in Africa to Romania on Monday, offering M-Pesa text-message transactions to millions of customers in its first push into Europe.

  • *Vodafone targets around 240 mln euros savings per year. LONDON, March 17- Vodafone has agreed to buy Spain's largest cable operator Ono for 7.2 billion euros, the latest hefty deal in a European telecoms sector starting to rebuild as the region recovers from a recession.

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