School

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Vodafone Group Plc (LON:VOD) has announced that Mohamed Salah has joined up with Vodafone Foundation and UNHCR as first Instant Network Schools Ambassador. ·    Footballer becomes Ambassador for school programme that aims to give a quality education to 500,000 refugee and host country students by 2025. ·    20 new Instant Network Schools will be launched this year as the programme prepares to …

network provider

Vodafone Group sign MoU with STC in relation to Vodafone Egypt

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Vodafone Group1 (LON:VOD) has today announced that it has signed a Memorandum of Understanding2 with Saudi Telecom Company in relation to a potential sale of Vodafone’s 55% shareholding in Vodafone Egypt to stc. Vodafone and stc have agreed a cash consideration of US$2,392m (€2,171m3) for Vodafone’s 55% shareholding in Vodafone Egypt, equivalent to an Enterprise Value for 100% of Vodafone Egypt of …

Vodafone to replace standard sized SIM holder with a new half-sized format

FTSE News FTSE 100

Vodafone (LON:VOD) is replacing the standard credit card-sized SIM holder with a new half-sized format that reduces by 50% the amount of plastic used to produce SIMs as part of a wider strategy to minimise the company’s use of all non-essential plastics. Starting from Christmas 2019, Vodafone stores will offer customers a range of eco-friendly accessories under the label ‘Red …

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

FTSE News FTSE 100

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

FTSE News FTSE 100

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

FTSE News FTSE 100

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

FTSE News FTSE 100

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

FTSE News FTSE 100

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

FTSE News FTSE 100

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, …