Vodafone Financial & Performance – Page 8
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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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Premium
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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Premium
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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Premium
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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Premium
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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Premium
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.
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Financial & Performance
Vodafone Ireland goes into semi-austerity mode
Operator said to be cutting back on new hires, events, and staff travel.
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Financial & Performance
Safaricom top brass lavish praise on President Ruto
Chairman Ngumi encouraged by “great support” from new government for its 5G operations in Kenya and Ethiopian investment.
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Network & Infrastructure
Vi looks beyond Indus Towers for site tenancies
Brookfield Infrastructure Partners reveals its India tower business has sealed a “commercial deal” with Vi.
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Public Affairs
Passports returned to DRC operator execs after new tax agreements
Executives from Vodacom DRC and its peers will be allowed to travel after agreeing to new tax law.
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M&A
INWIT boss: time not right for M&A
High cost of borrowing means new management taking “cautious approach” to consolidation.
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Strategy & Change
Arch Summit 2022: Read’s ‘clear plan’ for sector’s four-dimensional crisis
Vodafone CEO cites need for rebalancing costs.
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Strategy & Change
CEO: Safaricom to keep Ethiopia control as IFC lines up stake
Peter Ndegwa tells local media that Safaricom will remain a majority owner of new Ethiopian venture despite pending capital injection by International Finance Corporation.
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Products & Services
M-PESA leads growth in real time A2A transactions
Account‑to‑account payments now make up 72% of total transactions in Kenya.
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Operations
Vi ‘seeks flexibility’ as Indus threatens to turn off lights
Struggling joint venture discussing “softer payment terms”.
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Venturing & Investments
Vi equity conversion appears imminent
Local media raises volume ahead of long-awaited government deal.
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Products & Services
Vodafone set to bring CPI+ pricing strategy to Spain
Spanish media reports indicate Vodafone tariffs will be linked to Consumer Price Index from January 2023.