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Vodafone

FTSE 100 little changed
Markets

FTSE 100 little changed

LONDON: London’s FTSE 100 was little changed on Tuesday as poor earnings by Vodafone offset gains in bank stocks,...
Published 19 May, 2021 06:00am
Ethiopia receives two bids for two telecoms operating licences
Business & Finance

Ethiopia receives two bids for two telecoms operating licences

  • Vodafone, Vodacom, the United Kingdom's CDC Group and Japan's Sumitomo Corporation are also part of the consortium, the finance ministry said in a post on Twitter announcing the two bids it had received.
  • The licences will pave the way to open up Ethiopia's telecoms industry, which is considered the big prize in the country's push to liberalise the economy.
Published 26 Apr, 2021 05:04pm
Vodafone seen reaping 2.13bn euro from Frankfurt IPO
Business & Finance

Vodafone seen reaping 2.13bn euro from Frankfurt IPO

  • The company is expected to reap 2.13 billion euros from the deal, assuming that an overallotment option is not exercised, one of the deal organisers added.
  • The British-based operator had set the initial price range for the flotation of Vantage Towers at 22.50 to 29 euros per share, before narrowing that to 24-25 euros this week. It had targeted proceeds of 2-2.8 billion euros.
Published 17 Mar, 2021 06:20pm
UBS, Morgan Stanley expected to lead Vodafone Tower IPO
Business & Finance

UBS, Morgan Stanley expected to lead Vodafone Tower IPO

  • The two banks boast a close relationship with Vodafone and both pitched to become joint global coordinators in the listing, which is expected early next year.
  • Goldman Sachs has also pitched for a top job in the initial public offering (IPO) and hopes to be in the driving seat.
Published 17 Jul, 2020 07:08pm
Vodafone and BT need five years minimum to remove Huawei
Technology

Vodafone and BT need five years minimum to remove Huawei

  • Andrea Dona, head of networks Vodafone UK, told a committee of lawmakers the operator needed to have a "sensible time scale" of several years to implement any further Huawei restrictions.
  • Rival BT told the same committee it needed a minimum of five years, and ideally seven, to remove Huawei from its network.
Published 09 Jul, 2020 06:01pm