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Tag: vodafone
Vodafone sales trend improves, sees stable EBITDA in new yr
2015-05-19 08:17:00| Telecompaper Headlines
(Telecompaper) Vodafone Group reported a return to organic service revenue growth of 0.1 percent in its fiscal fourth quarter to March. Underlying revenues in Europe were down 2.4 percent year-on-year, while its AMAP region grew by 6.0 percent. Over the full year, organic service revenues were still down 1.6 percent, led by a 4.7 percent fall in Europe. Reported revenues grew 10.1 percent to GBP 42.23 billion, helped by the acquisitions of Ono in Spain and KDG in Germany, and the operator met its target for adjusted EBITDA, at GBP 11.7 billion for the year. Net profit from continuing operations fell 48.2 percent to GBP 5.86 billion, and EPS was down 90.3 percent to 21.75 pence, due to a number of charges for deferred tax assets and the gain the year earlier on selling the stake in Verizon Wireless. For the new fiscal year, Vodafone forecast organic EBITDA of GBP 11.5-12.0 billion and positive free cash flow after all capex, but before M&A, spectrum and restructuring costs. In the past year, free cash flow on the same basis reached GBP 1.09 billion. Capital expenditure is estimated at GBP 8.5-9.0 billion, reflecting the second year of Project Spring investment. In the past year, capex was up 45.7 percent to GBP 9.2 billion. Vodafone also proposed a final dividend of 7.62 pence per share, up 2.0 percent, and said it tends to continue to grow dividends per share annually.
Vodafone ends Q1 with 9.1 million TV customers in Europe
2015-05-19 08:00:46| Digital TV News
Vodafone has announced results for the year ended 31 March 2015. At the end of the period, the company had 11.3 million broadband customers and 9.1 million TV customers in Europe.
Tags: million
europe
customers
ends
Credit Suisse Reiterates Outperform Rating for Vodafone Group plc
2015-05-18 14:11:00| Telecom - Topix.net
's stock had its "outperform" rating reiterated by research analysts at Credit Suisse in a report released on Monday. They currently have a GBX 250 price target on the stock.
Tags: group
rating
credit
suisse
Vodafone says cost, ignorance holding back 4G adoption by UK businesses
2015-05-14 02:00:00| Total Telecom industry news
YouGov survey reveals 41% of companies not planning to subscribe to 4G despite improvement in availability, affordability.
Tags: back
uk
cost
businesses
Vodafone, EE to pull out of Weve - report
2015-05-04 08:25:00| Telecompaper Headlines
(Telecompaper) UK mobile advertising company Weve, a joint venture between mobile operators Vodafone, EE and O2 will be sold be EE and Vodafone to O2, which will operate it as a wholly-owned subsidiary, a person familiar with the matter told the Financial Times. While We've currently collects data from around 21 million of subscribers at the three operators for targeted advertising purposes, after its takeover by O2 it will offer access to anonymised data from its over 20 million contract customers, 6 million Priority Moment club members and 14 million O2 Wi-Fi users. Weve has worked with clients such as supermarket chain Tesco and the Electoral Commission. The 90-employee company had over 200 advertisers in the fourth quarter of 2013, over 60 percent of which used location-based services, but made a GBP 25 million loss on a GBP 13 million revenue in that year, with most sales coming from texted discount coupons. None of the companies have commented on the matter.
Tags: report
pull
vodafone
weve
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