Vodafone Group Plc

Vodafone Business collaborates with Amazon Web Services

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Vodafone Business (LON:VOD) is collaborating with Amazon Web Services (AWS) to make AWS Wavelength available in Europe. AWS Wavelength provides developers the ability to build applications that serve end users with single-digit millisecond latencies over the 5G network. AWS Wavelength embeds AWS compute and storage services at the edge of telecommunications providers’ 5G networks, enabling developers to serve use cases …

Vodafone executing on strategic priorities

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Vodafone (LON:VOD) has announced its results for the six months ended 30 September 2019. Financial highlights H1 organic service revenue up 0.3%* as Q2 returned to growth (Q1: -0.2%, Q2: +0.7%), supported by improvements in South Africa, Spain and Italy, with solid retail performance in Germany and strong commercial acceleration in the UK. Organic adjusted EBITDA up 1.4%*, reflecting €0.2 …

Vodafone and Fairphone announce strategic partnership

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Vodafone (LON:VOD) and Fairphone today announced a strategic partnership to offer the more ethical, reliable and sustainable Fairphone 3 to Vodafone retail customers in European markets including the UK, Germany, Italy, Spain and Ireland by the end of 2019. Vodafone and Fairphone will also collaborate on best practice and share knowledge on key industry sustainability issues including the circular economy, …

Vodafone pioneers innovative network tech

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Vodafone (LON:VOD) has today announced its pioneer innovative network tech to increase suppliers and extend rural internet access. ·    Developing ‘Open Radio Access Networks’ (OpenRAN) will enable Vodafone and the telecom industry to: –      introduce a wave of new 2G, 3G, 4G and 5G technology vendors – in addition to the existing market leaders – improving supply chain resilience; –      connect more of the world’s …

Vodafone Group Plc To sponsor Porsche F E Team

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Vodafone Group plc (LON: VOD) will be the Official Communication Partner of Porsche Motorsport when the automobile manufacturer enters the 2019/2020 ABB FIA Formula E Championship. Formula E is the first fully-electric international single-seater racing series in which cars zoom at more than 200 km/h – with zero emissions – along the streets of 12 major cities across four continents. …

Vodafone Group Plc

Vodafone completes acquisition of European Liberty Global assets

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Vodafone Group plc (LON:VOD) announced today that it has completed the acquisition of Liberty Global’s operations in Germany and the Czech Republic, Hungary, and Romania (CEE) for a total enterprise value of €18.4 billion. Vodafone now becomes Europe’s leading converged operator with 54 million cable and fibre households ‘on-net’ and a total next-generation network reach of 124 million homes and …

Vodafone Group plc Compled the sale of Vodafone New Zealand

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Vodafone Group plc (LON:VOD) has completed the sale of 100% of Vodafone New Zealand Limited to a consortium comprising Infratil Limited and Brookfield Asset Management Inc. for a cash consideration equivalent to an Enterprise Value of NZ$3.4bn (€2.1bn1), implying an FY’19 multiple of 7.3x Adjusted EBITDA2 and 16.2x Adjusted OpFCF3.4 Vodafone and VFNZ have now entered into a Partner Market agreement, …

Vodafone Group Plc to create Europe’s largest tower company

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Highlights ·    European tower infrastructure to be legally separated into a new organisation (referred to as “TowerCo”) which will be operational by May 2020, with a dedicated management team –      Europe’s largest towers portfolio, comprising 61,700 towers in 10 markets with potential proportionate EBITDA of around €900 million ·    Preparations underway for a variety of monetisation alternatives, to be executed during the next …

Vodafone Group Plc Trading update for the quarter ended 30 June 2019

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Trading update for the quarter ended 30 June 2019 Highlights Group revenue of €10.7 billion, down by €0.2 billion due to foreign exchange rate effects. Q1 organic service revenue declined 0.2%, improving compared to Q4 (-0.7%*); gradual recovery expected to continue. Sequential progress in Europe, with service revenues -1.7%* (Q4: -2.1%**), as market conditions continued to improve in Italy and …

Vodafone and O2 Finalise 5G Network Agreement in UK

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Vodafone Limited (LON: VOD) and O2 Telefónica UK Limited have today announced that they have agreed to share 5G active equipment, such as radio antennas, on joint network sites across the UK. This means more people will get 5G sooner, helping to build a competitive digital economy and encouraging innovative new services that use 5G’s speed and greater reliability. · …