Vodafone Financial & Performance – Page 9
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PremiumVodafone closes Newbury HQ sale
Operator to lease portion of the campus but vacate three buildings.
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Premiume& 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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PremiumElsewhere in Vodafone Group: Software AG touts Vodafone win
Software AG touts “fantastic” Vodafone win
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PremiumMore strife for Vi as fifth of sales staff exit
Mass exodus said to have occurred in recent weeks.
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Venturing & InvestmentsVi 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 & PerformanceRevenue 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 AffairsVodacom 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 & AlliancesM-KOPA lands debt finance from IFC
Safaricom energy financing partner secures $50m loan to pursue expansion in Kenya.
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PremiumVodafone 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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PremiumVodafone 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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PremiumVodafone 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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PremiumVodafone 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 & SCMMitie 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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PremiumBoomtime 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 & PerformanceVodacom 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 & PerformanceVodafone Ireland goes into semi-austerity mode
Operator said to be cutting back on new hires, events, and staff travel.
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Financial & PerformanceSafaricom 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 & InfrastructureVi 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 AffairsPassports 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&AINWIT boss: time not right for M&A
High cost of borrowing means new management taking “cautious approach” to consolidation.