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FTSE 100 buoyed by Tesco and Vodafone

2017-11-14 10:23:34| BBC News | Business | UK Edition

The market is lifted by strong results from Vodafone and Tesco's green light for its Booker takeover.

Tags: vodafone tesco ftse buoyed

 

Vodafone ups FY guidance on stronger profit, better organic revenue in H1

2017-11-14 09:33:00| Telecompaper Headlines

(Telecompaper) The Vodafone Group said revenues for its fiscal first half to end September fell over 4 percent year-on-year to EUR 23.07 billion, mainly due to the deconsolidation of Vodafone Netherlands after the creation of joint-venture VodafoneZiggo, plus forex effects. The operating profit meanwhile rose 32.5 percent to EUR 2.00 billion, showing the company's actions to improve cost efficiencies. Adjusted EBITDA  went 4.2 percent higher to EUR 7.4 billion despite the deconsolidation drag. Net debt at the end of the half fell to EUR 32.05 billion from 37.9 billion the year before. 

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Vodafone ups guidance on solid 1H earnings growth

2017-11-14 01:00:00| Total Telecom industry news

Vodafone on Tuesday raised its full year guidance after reporting solid growth in its fiscal first half earnings. The U.K.-based telco group expects organic adjusted EBITDA to grow around 10% year-on-year to approximately €14.75 billion-€14.95 billion. That compares to an earlier forecast of 4%…read more on TotalTele.com »

Tags: growth solid ups guidance

 

Vodafone Cameroon ceases operations

2017-11-13 09:33:00| Telecompaper Headlines

(Telecompaper) Afrimax announced that Vodafone Cameroon ceased to operate on 10 November, after it reluctantly concluded that it was no longer commercially viable to resume services in the country. The company, which was licensed to use the Vodafone brand under a licensing agreement with Vodafone Group, was forced to halt its activities on 14 September, after its licence was ruled invalid by the ministry of posts and telecommunications. Afrimax said that Vodafone Group had no equity interest in Afrimax or Vodafone Cameroon.

Tags: operations cameroon vodafone ceases

 

Vodafone, Idea Cellular sell towers to ATC for INR 78.5 billion

2017-11-13 08:36:00| Telecompaper Headlines

(Telecompaper) Vodafone India and Idea Cellular have agreed to sell their tower businesses to ATC Telecom for INR 78.5 billion (USD 1.2 billion). This is part of Vodafone and Idea's planned merger. 

Tags: sell idea billion cellular

 

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