Vodafone Financial & Performance – Page 8
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M&A
Vodafone CEO lauds Vodacom amid M&A speculation
Della Valle says pan-African operator is “one of the best assets in the Group”.
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Financial & Performance
Q3 FY22–23: top-heavy Vodafone reassesses life choices under Della Valle
Interim boss solidifies play for top job with new found love of simplicity and autonomy (her own domains excepted).
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A year on, Vantage reassures ops overhaul ‘is working’
TowerCo remains on “journey” when it comes to realigning its production function, and smoothing out logistics challenges arising from the global supply chain crunch.
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Digital Barriers: take two for surveillance-as-a-service mobile video scaleup
UK video surveillance tech scaleup has refreshed ambitions following a capital injection by 3i and new product platform for expansion alongside key partners Vodafone and Intel.
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Indus Towers posts loss as pressure piles on ailing client Vi
TowerCo forced to make large provision against ‘doubtful debts’.
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Vodafone closes Newbury HQ sale
Operator to lease portion of the campus but vacate three buildings.
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e& snaps up more Vodafone shares and increases stake to 12%
The UAE group had already increased its stake to 11% in December 2022.
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Elsewhere in Vodafone Group: Software AG touts Vodafone win
Software AG touts “fantastic” Vodafone win
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More strife for Vi as fifth of sales staff exit
Mass exodus said to have occurred in recent weeks.
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Venturing & Investments
Vi equity conversion requires further Vodafone funding
Local reports indicate that Vodafone and Aditya Birla’s planned investments fall short of government expectations.
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Financial & Performance
Revenue flat at UK telcos’ M&A sherpa
Robey Warshaw sees slight dip in takings despite recruitment of former UK Chancellor George Osborne.
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Public Affairs
Vodacom DRC offices “sealed”, accounts “seized” in tax dispute
Congolese operator claims tax authorities have initiated “forced recovery” of disputed tax bills “against all expectations”.
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Partnerships & Alliances
M-KOPA lands debt finance from IFC
Safaricom energy financing partner secures $50m loan to pursue expansion in Kenya.
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Vodafone Q2 FY22-23 Spend: Della Valle looks for another billion behind sofa
Updated cost-cutting programme targets “€1bn+” in efficiencies over three years, although only net of inflation.
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Vodafone Q2 FY22-23 Guidance: Outlook puts Read’s Plan A in deep freeze
A reeling Vodafone scales back earnings and cash flow guidance.
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Vodafone Q2 FY22-23 Headlines: macro and micro trends bite into profit
Revenue picture mixed, with strength in UK, Ireland, and Portugal but ongoing weakness in Germany, Italy, and Spain.
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Vodafone Q2 FY22–23: Read signs off after turbulent final quarter
Flaky Q3 results and reduced guidance pave way for CEO Read to depart Vodafone after just over four years at helm.
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Suppliers & SCM
Mitie extends Vodafone deal, sets sights on telecoms growth
Five years added to Vodafone UK facilities management contract, with the operator named a “top-ten” customer.
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Boomtime for 5G in India, but Vi still lags
Airtel attracts more than one million 5G users in fewer than 30 days since launch; Jio up and running in 12 cities.
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Financial & Performance
Vodacom plans twin-track African infra expansion
CEO indicates wireline infra relationship with CIVH could be extended beyond bounds of South Africa.