Vodafone pioneers innovative network tech

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

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

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

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

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

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

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. · …

Vodafone Group Plc

Vodafone Group Plc Appoint David Thodey as a Non-Executive Director

Vodafone Group Plc (LON:VOD) today announced the appointment of David Thodey as a Non-Executive Director with effect from 1 September 2019, subject to approval by shareholders at Vodafone’s annual general meeting on 23 July 2019. David spent 12 years at Telstra, Australia’s leading telecommunications and information services company, including six years as CEO and, prior to this, he spent 22 …

Vodafone Group Plc 5G goes live on the 3 July 2019 in the UK

Vodafone Group Plc (LON:VOD)  will switch on its 5G network for both consumers and business customers in seven cities across the UK on 3 July 2019. In a worldwide first, Vodafone will also offer 5G roaming in the UK, Germany, Italy and Spain over the summer. The UK is leading the way in adopting 5G, with Vodafone the first operator …