Vodafone Group Plc Stock News

LONDON (Reuters) -Mobile group Vodafone raised its forecast for this year's free cash flow on Tuesday after it reported 6.5% growth in adjusted core earnings in its first half, driven by a good perfor

The group agreed last week to buy a majority stake in Vodafones Egypt unit, and is also separating its telecom towers portfolio into a new unit

The November 2021 issue of Business Review Magazine is now available in digital format, featuring the main story titled Vodafone Brings Digitalization Closer to SMEs with Mihnea Radulescu, Business Unit Director at Vodafone Romania. Read it online by clicking here. To download the magazine in PDF format fill out this form and well make sure to send you a [] The post Download PDF or read online: November 2021 Issue | Business Review Magazine appeared first on Business Review .

VODACOM has today announced plans to inject more than R10.5 billion to bolster its South African network in the current financial year. Speaking during the release of the group''s financial results for the six months ended September, chief executive Shameel Joosub said the capex injection was on top of the R47 bn the company had spent over the past five years in the domestic market. This is particularly relevant at a time when many of our customers continue to work, entertain, and educate from home, Joosub said. Earlier this month, rival MTN announced R31.1bn in capex guidance for 2021, saying spending was driven by an accelerated rollout in MTN SA and MTN Nigeria to capture growth opportunities from explosive data traffic that we are experiencing. Vodacom, a Vodafone subsidiary, said its South Africa market added 1.1 million data customers during the half-year ended September and posted a 3.6 percent growth in service revenue during the period under review on the back of strong connectivity demand. This was an impressive result given the demanding comparative associated with lockdowns in the prior period, Joosub said.

Two disappointing giants of the FTSE 100 report results on Tuesday, Vodafone and Imperial Brands, with their shares down 45% and 54% over the past five years. Imperial Brands PLC (LSE:IMB), although i

A Bloomberg report had suggested that Vodafone Idea may get State Bank of India (SBI) loan after relief measures

Market participants will react to the macroeconomic data, i.e., IIP and CPI data released last week on Friday post market hours. Image: Reuters Nifty futures

Posted by Equitymaster Indian share markets ended on a strong note on Friday. Benchmark indices snapped their 3-day losing streak with strong gains led in IT shares and select index heavyweights. At the closing bell on Friday, the BSE Sensex stood higher by 767 points (up 1.3%). Meanwhile, the NSE Nifty closed higher by 229 points (up 1.3%). Tech Mahindra and Hindalco were among the top gainers. Bajaj Auto and Tata Steel, on the other hand, were among the top losers . The BSE Mid Cap index and the BSE Small Cap index ended up by 0.6% and 0.3%, respectively. Sectoral indices ended on a positive note with stocks in the IT sector, realty sector and telecom sector witnessing buying interest. --- Advertisement --- Govt''s 257 Bn Rupees Boost for EVs- Your Chance for Potentially Wild Profits A few days back, the government announced that it will be pumping a whopping 257 billion rupees into electric vehicle initiatives by 2025. We urge you to become a part of the EV gold rush that''s happening now and gain the early mover advantage.

Rajesh Exports, Tinplate Company of India, Jai Balaji Industries, East India Securities, Prabhat Technologies Inida, PG Foils and Aditya Birla Money are among the companies that will announce their September quarter results today.

Vodafone CEO has struck collaboration deals across all of Vodafones territories including in the U.K

The FTSE 100 index will dominate another trading week as constituents Royal Mail PLC (LSE:RMG), Vodafone plc, Imperial Brands PLC (LSE:IMB), British Land Company PLC (LSE:BLND) and SSE PLC (LSE:SSE) a

Vodafone PLC today revealed its plan to move its 55% stake of Vodafone Egypt to its sub-Saharan Africa subsidiary, Vodacom Group.  The transfer to Vodacom, which is 60.5% owned by Vodafone, will enha

Advances in financial-services technology in Africa, where mobile phones have become vital in connecting people in remote areas, is a growth area for Vodafone.

Recently, the risk-off crowd has pushed the market higher following some stellar third-quarter earnings.