Vodafone Financial & Performance – Page 13
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Financial & Performance
Vodafone Idea down to third spot in Indian mobile
Airtel moves ahead of troubled joint venture, which has jettisoned more than a quarter of its wireless subscriber base since being formed.
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Vodafone Q4 FY19–20 management update: staying the course, post-coronavirus
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.
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Facebook gives Jio a multi-billion pound like
Rival Jio gets fillip from hefty FDI and Facebook digital expertise. Unnamed VfI exec does not rule out similar webscale tie-up for the embattled JV. Indian JV relinquishes last urban stronghold and is set to lose second spot overall.
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Financial & Performance
Vodafone Idea loses leadership in all three Metros
Indian JV relinquishes last urban stronghold and set to lose second spot overall.
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Vodafone FY19–20 quick take: no change here
Read infers Group is better placed, post-Colao for economic downturn. Della Valle confirms new, AT Kearney-inspired €1bn cost-cutting plan, after trailering move in late-2019. No disruption to Read’s M&A overhaul, beyond Egypt. Targets hit but glitchy performance, both at OpCos and Vodafone Business.
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Vodafone losing grip in automotive market
2014 acquisition looks to be on a bad run and struggling to meet buyout rationale. COVID-19 worsening situation. VGE may be tuning up with Vodafone Automotive Deutschland addition. A sign Vodafone had not yet solved long-running headache of how to support bought-in innovation.
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Public Affairs
Supreme Court offers Vodafone scant hope
Top court in the land calls halt to operator self-assessment on fees. Irate judge threatens bosses with jail if liabilities not paid in timely manner. Read meets with India government ministers to seek assistance. COVID-19 lockdown measures provide temporary reprieve.
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Strategy & Change
Wibergh on network impact and continuity measures
Vodafone CTO posted an update on the way the operator is seeking to address changing usage habits following the COVID-19 containment measures seen across Group territories.
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Vodafone leadership awaits COVID-19 diagnosis
Share price nose-dives below £1 for first time since 1997. Impact on financial and strategic plans yet to emerge. OpCos focus on network resilience and employee welfare.
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VHA gets into efficiency mode ahead of TPG merger
Commercial spend tightening and digital transformation on agenda.
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Vodafone’s Q3 FY19–20 management update
Group sneaks another par score but still not really on-form. Call comes too early for coronavirus impact discussion. Focus remains on Read’s drive to minimise Vodafone. Gradual steadying of ship enables another quarter of slim growth. Churn reduction remains the key goal in Vodafone’s chosen battleground of Europe. RoW ...
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Strategy & Change
Vodafone's Read talks up tower power (again)
Germanisation of Vodafone continues with choice of Düsseldorf for TowerCo HQ. CEO continues to push for improved asset utilisation in mobile networks, plus sales opportunities. Sharing developments in Germany, India, Italy, Portugal, and UK.
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Strategy & Change
Vodafone Shared Services gets a facelift for digital era
Self-styled “Intelligent” division nods to shift towards automation and AI.
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Vodafone Idea loses out to Reliance Jio
VfI relinquished wireless subscriber leadership status in November 2019, according to the latest figures from the Telecommunications Regulatory Authority of India (TRAI)
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Vodafone savings not yet impacting African business
Vodafone’s drive to squeeze “industrial savings” out of tower infrastructure in Europe and India does not yet appear to have extended to its African footprint.
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Vodafone Group eyes the next billion (savings, not users)
Strategic taster for 2020s is — predictably — cost-focused. Germany and UK in firing line for €1bn savings push.
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Vodafone Group Q2 FY19-20: growth regained but few cylinders fully firing
Margin growth on repeat. Europe Region and enterprise spluttering. India shunted further from books.
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Vodafone Q2 FY19-20: Europe recovery drags at increasingly Germanic Region
Bulked-up Vodafone Germany now driving more than half of Europe Region cash flow, as other big OpCos’ struggle for form continues. Read’s commercial changes yet to ignite revival in Group’s core region. Drastic Spanish overhaul or exit still on cards. Group still to internalise Europe’s regulatory challenges.
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Vodafone Group Q2 FY19-20: Duo double down on reforms
Leadership reach for scalpel again; new savings plan in pipeline and asset sales remain high on agenda. Debt increase stresses diminishing cash wiggle-room; focus remains on cash flow improvement. Patchy Q2 trends: major OpCos spluttering, but Group inches back into growth.