GO
Loading...

Vodafone Group PLC

More

  • LONDON, Feb 6- Morgan Stanley co-head of mergers and acquisitions for EMEA Johannes Groeller is to join Paul Taubman's advisory boutique, a source familiar with the move said. Groeller, who previously served as Morgan Stanley's co-head of investment banking in Germany and Austria, is the latest managing director to leave the "bulge bracket" bank and join...

  • SAN FRANCISCO, Feb 5- Verizon Communications said it would sell wireline assets to Frontier Communications for $10.54 billion in cash and sell and lease cell phone towers for around $5 billion to American Tower in a deal that will help it pay off recent wireless spectrum purchases. Frontier will nearly double its size by buying Verizon's local wireline...

  • SAN FRANCISCO, Feb 5- Verizon Communications Inc will sell wireline assets to Frontier Communications Corp for $10.54 billion in cash and cell phone towers worth over $5 billion to American Tower Corp, the company said on Thursday. The assets being sold to Frontier and American Tower are the latest in a series of non-core assets that Verizon has sold in recent...

  • Europe ends flat after ECB decision; Greece weighs Thursday, 5 Feb 2015 | 11:45 AM ET

    European equities ended lower on Thursday after the European Central Bank put more pressure on Greece.

  • LONDON, Feb 5- BT finalised a deal on Thursday to buy mobile operator EE for 12.5 billion pounds and now faces a contested approval process to seal its status as Britain's dominant communications company. BT had spent the last few weeks in exclusive talks with the owners of EE, Orange and Deutsche Telekom, about a deal. "The UK's leading 4 G network will now dovetail...

  • LONDON, Feb 5- A steady recovery in Europe helped Vodafone stem the rate of sales decline in its third quarter, putting the world's second-biggest mobile operator in touching distance of overall revenue growth once again. The group had recorded falls in the main revenue measurement of between 4 and 5 percent in the last six quarters, as consumers in Europe cut...

  • Vodafone posts better than expected Q3 sales Thursday, 5 Feb 2015 | 2:26 AM ET
    A pedestrian walks past a Vodafone store in London.

    A steady recovery in Europe helped Vodafone to stem the rate of sales decline in its third quarter.

  • Vodafone posts better than expected Q3 sales Thursday, 5 Feb 2015 | 2:12 AM ET

    LONDON, Feb 5- A steady recovery in Europe helped Vodafone to stem the rate of sales decline in its third quarter, putting the world's second biggest mobile operator in touching distance of overall revenue growth once again. The British company said on Thursday its main organic service revenue measurement, which strips out items like handset sales and currency...

  • NEW YORK/ SAN FRANCISCO, Feb 4- Verizon Communications is close to selling wireline assets worth $10 billion to regional telephone operator Frontier Communications Corp, a person familiar with the matter said on Wednesday. The largest U.S. carrier by subscribers, Verizon has been investing heavily in growing its wireless business while reducing spend on its...

  • Feb 2- Verizon Communications Inc is nearing wrapping up deals to sell more than $10 billion in assets, the Wall Street Journal reported, citing people familiar with the matter. Divesting assets could also help Verizon repurchase some shares it issued after it announced the Vodafone deal, he added. In 2013, Verizon announced its plans to acquire the 45 percent...

  • Verizon close to selling $10B in assets: Report Monday, 2 Feb 2015 | 2:25 PM ET

    Verizon could soon close on deals to sell $10 billion in assets, according to a report.

  • PARIS, Feb 2- In the final year of his turnaround plan, Alcatel-Lucent's boss is pushing the telecom network gear maker to diversify its customer base by selling Internet equipment to large technology companies and multinational corporations. Since it was formed in a merger 2006, Alcatel-Lucent has never been free cash flow positive and has only posted a...

  • 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...

  • Europe ends week sharply higher after ECB easing Friday, 23 Jan 2015 | 11:32 AM ET

    European markets closed sharply higher on Friday, cheering the European Central Bank's (ECB) decision to launch a full-scale bond-buying program.

  • *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...