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Mobile and broadband provider Vodafone said it expected to return to top-line growth in Germany, its largest market, this year, driving an increase in cash flow after it said it met expectations for the year to end-March on Tuesday.
Vodafone Idea has gone to India's Supreme Court to challenge the government's rejection of a request by the debt-saddled telecom giant to waive more than $5 billion it owes the government, documents show.
Vodafone Group Public Limited Company's Q4 results are expected to show steady growth, with no major surprises anticipated in sales or EPS. German operations remain the key focus due to regulatory headwinds and revenue declines; signs of stabilization or recovery are crucial. UK and Turkey segments are performing well, and continued momentum in these markets, along with Cloud & Security growth, are positive catalysts.
Vodafone Group PLC (LSE:VOD) European business is cited as a lagging factor in the telco's financial performance, with UBS expecting next week's fourth quarter update to potentially fall short of expectations. Altogether, the Swiss bank sees struggles in Germany and, in the UK, disruption due to the ongoing acquisition of the Three unit as headwinds (as the ‘dilutive' deal is ‘front-heavy' in terms of capex).
The Italian business is under unit and average revenue pressures, and the migration from the merging of the client base will likely lead to more attrition. However, the savings to be generated as a combined entity are obvious and easy enough to achieve, with the ability to reduce MVNO costs on the same combined mobile traffic. Though accounting for the synergies, the company still trades at a premium to normalized telco EV/EBITDA multiples. So it remains a hold; also as customer migration will lead to attrition.
Vodafone Group PLC (LSE:VOD) has announced that chief financial officer Luka Mucic will step down by early 2026 to become chief executive of German real estate company Vonovia, prompting a search for his successor at a time of ongoing transformation at the telecoms group. Mucic, who joined Vodafone in 2023, is leaving to return to his native Germany and take the top job at one of the country's largest listed property groups.
Mobile group Vodafone said on Wednesday finance chief Luka Mucic will be stepping down from his role by early next year, adding that a search for his successor is ongoing.
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Vodafone Business expands its converged networking and cybersecurity services powered by the Fortinet Unified SASE solution to new global markets. Vodafone Business has been also designated “Fortinet Global Partner” due to its expertise in designing, deploying, and managing secure connected enterprise solutions globally.
SANTA CLARA, Calif. & LONDON--(BUSINESS WIRE)--Vodafone Business and ServiceNow (NYSE:NOW), the AI platform for business transformation, today announced an expansive five-year strategic collaboration to launch the next era of AI-powered service management. The solution is designed to transform the service experience for millions of business customers with industry-leading AI capabilities on the ServiceNow Platform that enable Vodafone to resolve queries, detect and fix service anomalies and dep.