VOD Stock Recent News

Vodafone (VOD) is reportedly mulling the divestiture of its tower assets in India in order to repay debt and improve its liquidity.

Telecommunication companies in the communication sector offer high yields, investible S&P credit ratings, and 6%+ dividend yields. BCE Inc. has an 8.9% yield, Verizon has a 6.7% yield, AT&T Inc. has a 6.3% yield, and Vodafone Group PLC has an 11.1% yield. Despite challenges like regulatory rulings and dividend cuts, these telecom companies provide reliable high-yield income and are considered good investments for income portfolios.

Vodafone Group is looking to sell its entire $2.3 billion stake in India's Indus Towers through stock market block deals next week, two sources with direct knowledge said, part of the British firm's effort to repay debt.

Vodafone Group PLC (LSE:VOD) has officially completed the sale of Vodafone Spain to Zegona Communications (LSE:ZEG) plc for €4.10 billion in cash and €0.90 billion in redeemable preference shares. The total enterprise value of €5 billion (£4.26 billion) represents a multiple of 5.6 times Adjusted EBITDAaL and 13 times operating free cash flow for the twelve months ending 30 September 2023.

LONDON, United Kingdom and DENVER, Colorado--(BUSINESS WIRE)--Vodafone Group Plc (LSE: VOD) and Liberty Global Ltd. (NASDAQ: LBTYA, LBTYB and LBTYK) today announce that Stephen van Rooyen has been appointed Chief Executive Officer of VodafoneZiggo, effective from September 2024. Mr. van Rooyen was the CEO of Sky UK & Ireland and Chief Commercial Officer for the Sky Group. He brings a wealth of telecoms and media experience to VodafoneZiggo after more than 17 years at Sky in the UK and in se.

CPE leverages Vantiva's Wi-Fi antenna expertise to connect more than 100 smart devices at ultra-high speeds PARIS , May 20, 2024 /PRNewswire/ -- Vantiva (Euronext Paris: VANTI), a global technology leader enabling Network Service Providers (NSPs) to connect consumers around the world, today announced that it has strengthened its longstanding partnership with Vodafone UK, the largest full fiber provider in the UK, with the introduction of the Wi-Fi 6 enabled Power Hub router and Super Wi-Fi 6 Booster. The customer premises equipment (CPE) leverages Vantiva's Wi-Fi antenna expertise to offer intelligent Wi-Fi auto-optimization that automatically provides the fastest connectivity across all devices.

BT Group (LON: BT.A) and Vodafone (LON: VOD) share prices jumped sharply this week after the two companies published their financial results. Vodafone's stock jumped by over 5% on Wednesday and continued the trend on Thursday.

BT Group (LON: BT.A) and Vodafone (LON: VOD) share prices jumped sharply this week after the two companies published their financial results. Vodafone's stock jumped by over 5% on Wednesday and continued the trend on Thursday.

Perhaps Vodafone Group PLC (LSE:VOD) should have given shareholders the benefit of the doubt earlier. The British telecoms multinational today declared a halving of its dividend in the year ahead, marking the first dividend reduction of this magnitude since 2019.

Vodafone Group PLC (LSE:VOD) reported a 75% decline in profits for the past year, as expected, but kept its dividend flat on the previous year. Chief executive Margherita Della Valle, a year after setting out turnaround plans that left City analysts cold, said the telecoms colossus was “now delivering growth in all of our markets across Europe and Africa”, with better organic service revenue than expected.