Vodafone Financial & Performance – Page 7
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Vodafone FY22-23 Spend: OpCos shuffled as gap at the top narrows
Vodacom and Vodafone UK see capital allocation uptick as German frontrunner drops off pace.
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Vodafone FY22-23 Guidance: get customers right and growth will follow
Guidance: get customers right and growth will follow Source: Vodafone Della Valle was somewhat vague on what mid‑term success for Vodafone would look like. Beyond confirming that macroeconomic challenges and recent changes in the structure of the Group meant that previously set mid‑term goals of mid‑single‑digit growth ...
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Vodafone FY22–23 Headlines: growth “possible”, but returns prove costly
Vodafone’s revenue creeps up but not without challenge.
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Network & Infrastructure
“Disastrous” load shedding threatens to constrict Vodacom network ambitions
Vodacom management laments load shedding policy as investment reallocated to fund backup energy solutions.
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Financial & Performance
Vodafone FY22–23: Germany braces for impact as housing association TV contracts come up for grabs
Operator could lose significant chunk of 8.5 million TV customer base within housing associations, which generates around €800m in revenue.
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Financial & Performance
Vodafone FY22–23: Della Valle to bring Group “back to basics” with business-first approach
New CEO wants Group turnaround to build on existing strengths in B2B while fixing customer experience declines.
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Vodacom seeks pan-African play for emerging fibre biz
Vodacom CEO Shameel Joosub is looking to build the Group’s fibre assets beyond South Africa once CIVH deal is closed.
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Safaricom granted licence for Ethiopian M-PESA launch
Ethiopian national bank hands Safaricom Telecommunications Ethiopia its mobile money licence, breaking state monopoly.
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e& deepens Vodafone ties, adds CEO to board
Vodafone has entered a “strategic relationship” with its largest shareholder.
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INWIT untroubled by Voda-Iliad rumours as new opportunities open up
Prospect of market consolidation seen as more good news than bad for Vantage Towers’ Italian JV.
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Venturing & Investments
Australian pension fund seals Vantage Towers stake
UniSuper announces acquisition of 5% stake in TowerCo after “an extensive due diligence process”.
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Vodafone Germany to trim management and hire new sales staff
CEO Philippe Rogge flags “restart” with 1,300 full-time jobs, mainly in management and admin, in line for the axe.
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Three seeks to underscore Vodafone merger rationale
Three UK and Vodafone UK are subscale with returns below the cost of capital, says former.
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Vodafone Italy to axe almost 20% of workforce, says union
About 1,000 employees said to be at risk of redundancy at Italian operator, which has seen headcount steadily decline in recent years.
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Elsewhere in Vodafone Group: CTO Petty trumpets savings from digitalisation
CTO Petty trumpets capex and opex savings from digitalisation.
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M&A
INWIT flags ‘pipeline’ of potential M&A add-ons
TowerCo boss caveats that any deal-making will be local, small scale, and funded by organic capex.
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Vodafone Spain preps network sell‑off
Bankers appointed to handle bids for OpCo’s fixed assets, as investors weigh options on infrastructure bets against a backdrop of limited funding availability.
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Vi grapples with losses, debt after equity conversion completes
Indian government now owns about 33% of JV.
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Vodafone sliced up again: Liberty piles pressure on UK group by taking 5% stake
Liberty CEO Mike Fries describes purchase of Vodafone shares as “opportunistic”.
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Safaricom, Vodacom drop more cash into Ethiopian kitty
Share issue by parent vehicle opens up more funds for Safaricom Telecommunications Ethiopia’s startup rollout