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Vodafone Group PLC (VOD.OQ)

VOD.OQ on NASDAQ Stock Exchange Global Select Market

29.77USD
21 Jul 2017
Change (% chg)

$0.21 (+0.71%)
Prev Close
$29.56
Open
$29.93
Day's High
$29.96
Day's Low
$29.65
Volume
1,081,624
Avg. Vol
914,298
52-wk High
$31.69
52-wk Low
$24.18

Latest Key Developments (Source: Significant Developments)

Vodafone to redeem $1 bln 1.25 pct notes due September
Thursday, 13 Jul 2017 09:35am EDT 

July 13 (Reuters) - Vodafone Group Plc :Notice of full redemption of $1,000,000,000 1.25 pct notes due September 2017.  Full Article

UK's Ofcom sets rules for mobile spectrum auction
Tuesday, 11 Jul 2017 02:24am EDT 

July 11 (Reuters) - UK's Office of Communications:Ofcom sets rules for mobile spectrum auction.Uk's ‍ofcom says ‍later this year, will auction licences to use 190 mhz of spectrum in two 'frequency bands'​.Uk's ‍ofcom says ‍40 mhz of spectrum will be auctioned in 2.3ghz band​.Uk's ‍ofcom says ‍in addition, 150 mhz of spectrum will be auctioned in 3.4ghz band​.Uk's ‍ofcom says ‍auction rules designed to reflect recent market developments and safeguard competition over coming years​.Uk's ‍ofcom says ‍when auctioning spectrum, will impose two different restrictions on bidders​.Uk's ofcom- effect of caps will be to reduce bt/ee's overall share of mobile spectrum; company can win a maximum 85 mhz of new spectrum in 3.4ghz band.Uk's ofcom - overall cap also means that vodafone could gain a maximum 160 mhz of spectrum across both 2.3ghz and 3.4ghz bands.  Full Article

COAI says Gopal Vittal re-elected as chairman
Friday, 16 Jun 2017 07:00am EDT 

June 16 (Reuters) - Cellular Operators Association of India::Gopal Vittal, managing director & chief executive officer (India and South Asia) of Bharti Airtel Ltd was re-elected as the chairman of COAI.Sunil Sood, MD & CEO- Vodafone India Ltd , will continue as the vice-chairman of COAI.  Full Article

Vodafone, LG UPlus announce strategic partnership agreement for S. Korea
Monday, 5 Jun 2017 02:00am EDT 

June 5 (Reuters) - Vodafone Group Plc : :Vodafone and LG UPlus announce strategic partnership agreement for South Korea.Vodafone - ‍under partnership Vodafone will draw on its global reach and experience to support consumer and enterprise operations of LG UPlus .  Full Article

Teamtalk confirms completion of 70% sale of Farmside to Vodafone NZ
Wednesday, 31 May 2017 05:45pm EDT 

June 1 (Reuters) - Teamtalk Ltd :Teamtalk confirms completion of 70 pct sale of Farmside.Announces completion of transaction enabling Vodafone NZ to acquire 70 per cent of shares in Baycity Communications for NZ$10 million in cash.  Full Article

UK's CMA says Vodafone-Capita confirm that merger is abandoned
Tuesday, 30 May 2017 09:23am EDT 

May 30 (Reuters) - UK's Competition and Markets Authority::Capita and Vodafone have confirmed that they have abandoned the transaction, the CMA has decided not to make a reference in this case.Reference to anticipated acquisition by Capita plc of the UK one-way wide-area paging services business of Vodafone Ltd.  Full Article

Liquid Telecom names Kyle Whitehill as CEO at Neotel
Thursday, 25 May 2017 10:24am EDT 

May 25 (Reuters) - Liquid Telecom::Liquid Telecom, unit of Econet Global, named Kyle Whitehill as CEO at Neotel .Kyle was earlier with Vodafone where he served for almost 15 years.  Full Article

Vodafone Malta to be combined with Melita Ltd
Wednesday, 24 May 2017 02:10am EDT 

May 24 (Reuters) - :Apax Partners Midmarket SAS, Fortino Capital and Vodafone Group Plc <<>> to combine Melita ltd and Vodafone Malta Ltd.Combined company's mobile and enterprise business will operate under the Vodafone <<>> brand.At completion, the current shareholders of Melita will own 51 percent of the Combined Company and Vodafone Europe B.V., the current shareholder of Vodafone Malta, will own the remaining 49 percent.The transaction values Vodafone Malta at an enterprise value of 208 million euros ($232.44 million), equivalent to multiples of 6.8x EV/2016 EBITDA and 15.1x EV/2016 OpFCF .The transaction values Melita at an enterprise value of 298 million euros, equivalent to multiples of 8.9x EV/2016 EBITDA and 15.3x EV/ 2016 OpFCF3 .  Full Article

Sky Network Television says Co and Vodafone filed amended notice of appeal in high court
Wednesday, 17 May 2017 04:41pm EDT 

May 18 (Reuters) - Sky Network Television Ltd ::Co and Vodafone have filed an amended notice of appeal in high court.Amended notice against NZ commerce commission's decision not to clear companies' merger of their operating businesses in NZ.  Full Article

Vodafone sees cash flow improvement as regulation, capex ease
Tuesday, 16 May 2017 03:05am EDT 

May 16 (Reuters) - Vodafone :Cfo says free cash flow step-up driven by growth in organic business as capex normalises.Cfo says goal is continuing dividend cover, ceo says sees balance between investment needs and shareholder rewards.Cfo says regulation will weigh on service revenue growth in Europe in fy18, drag of about 1 percent point.Ceo says service revenue in uk "flattening", enterprise remains highly competitive.Ceo says operational improvements in uk now visible.Ceo says no plans to move out of the uk after brexit, for vodafone brexit does not make a big difference.Ceo says no plan to put Ghana, other african units into Vodacom vodj.j at the moment.Cfo says India could quickly rebound.  Full Article

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Vodafone beats expectations with 'robust' performance

LONDON Vodafone, the world's second largest mobile operator, reported better-than-expected 2.2 percent revenue growth in its first quarter, reflecting a robust performance in Italy and Spain and an acceleration in demand in Turkey.