Posts filtered by tags: Vodafone[x]


 

Vodafone Idea seeking merger for its M-Pesa wallet to comply with RBI rules

Vodafone Idea is looking at merging its payments wallet, Vodafone M-Pesa Ltd (VMPL), with an associate or third-party firm, the company said in Q4 results, released on Monday. The company wants to hive off VPML because it also owns 49% of Aditya Birla Idea Payments Bank Limited, having been created... ...
Tags: Travel, News, Vodafone, Payments, Mobile Wallets, RBI, Pesa, Vodafone Idea, Mergers And Acquisition, Vodafone M-Pesa Limited, Vodafone M Pesa Ltd, VPML, Aditya Birla Idea Payments Bank Limited


Call centre stuff-up not related to restructure: Vodafone

Vodafone NZ has had major call centre issues today, but says they are not related to its restructure - which will see some helpdesk roles go to Indian company Tech Mahindra.The telco tweeted around 3pm, "Our contact centres are... [Author: [email protected]]
Tags: Business, Vodafone, Tech Mahindra, Vodafone NZ


Donald Trump declares 'national emergency' clearing way to ban Huawei from US 5G networks

Donald Trump has declared a "national emergency" which will give the US government sweeping powers to prevent American companies doing business with foreign suppliers of telecommunications equipment including Huawei. Mr Trump signed an executive order which accused foreign powers of targeting US technology, and industrial espionage. It cleared the way to ban Huawei from America's 5G networks. The US has repeatedly claimed that Huawei's equipment could be used for spying by China. Mr Trum...
Tags: UK, News, White House, China, Bt, US, America, Beijing, Britain, United States, Theresa May, Vodafone, Donald Trump, Huawei, Trump, Wilbur Ross


Vodafone sale may shake-up NZ telco infrastructure

Infratil's billion-dollar play for Vodafone New Zealand is set to change the way telecommunications firms invest in national infrastructure.Chief executive Marko Bogoievski told analysts this week that the nation can't afford to... [Author: [email protected]]
Tags: Business, Vodafone, Nz, Infratil, Vodafone New Zealand, Marko Bogoievski


Vodafone hacks dividend as it reports €7.6bn losses for FY19

Shareholders left counting cost of 40% annual payout squeeze. CEO says balance sheet needed some love after 5G spectrum auction overheads Vodafone investors are crying rivers this morning after the telco slashed a FY19 dividend payout to beef up its balance sheet. The disposal of operations in India contributed to steep losses.…
Tags: India, Software, Vodafone


Vodafone Finally Catches Up with 5G Reality

Since he was promoted to the position of Vodafone’s chief executive in October, Nick Read has been adamant that the dividend was sustainable. Its 18 billion euro ($20.2 billion) purchase of Liberty Global Plc’s cable assets in Germany and eastern Europe has increased Vodafone’s debt to 2.9 times Ebitda, above the peer average.
Tags: Europe, Science, Germany, Vodafone, Nick Read, Liberty Global PLC


Vodafone Idea loses 53.2 million subscribers but gains 5.4 million 4G subscribers in Q4FY19

Vodafone Idea said it lost 53.2 million subscribers in Q4FY19 and now has 334.1 million subscribers in all. However, it added 5.4 million 4G subscribers in the quarter, taking its 4G subscriber case to 80.7 million from 75.3 million in the previous quarter. Metrics ARPU stood at Rs 104, up 16.3%... ...
Tags: Travel, Mobile, News, Internet, Data, Vodafone, Telecom, Earnings, 4G, Idea Cellular, Vodafone Idea, Earnings Mar-19


Vodafone's 5G UK service to launch in July

The firm will offer its next-generation mobile network to businesses and the public in seven cities.
Tags: UK, News, Vodafone


5G in the UK: Everything you need to know

5G will launch on all major networks in the U.K. during 2019. Here's all the details from Vodafone, EE, O2, and Three UK to help you get onboard with the right carrier, and choose the right phone. The post 5G in the UK: Everything you need to know appeared first on Digital Trends.
Tags: Mobile, UK, Trends, Vodafone, Ee, O2, Three, 5g


5G in the United Kingdom: Everything you need to know

5G will launch on all major networks in the U.K. during 2019. Here are all the details from Vodafone, EE, O2, and Three UK to help you get onboard with the right carrier, and choose the right phone. The post 5G in the United Kingdom: Everything you need to know appeared first on Digital Trends.
Tags: Mobile, UK, Trends, United Kingdom, Vodafone, Ee, O2, Three, 5g


New Vodafone boss tackles debt burden with dividend cut

The new boss of Vodafone cut the mobile operator's dividend for the first time, securing the firepower it needs to build 5G networks and complete its acquisition of Liberty Global assets.
Tags: Money, businessNews, Vodafone, Liberty Global


Vodafone cuts payout to shareholders

The mobile phone giant swings to a huge annual loss and cuts its dividend for the first time.
Tags: Business, Vodafone


Vodafone Cuts Dividend After Revenue Falls

Key InsightsNew CEO Read last year ended Vodafone’s policy of constant dividend growth as sales in major markets such as Spain and Italy come under sustained attack from challengers offering no-frills contracts such as Masmovil Ibercom SA and Iliad SA. It was unclear how Read could hold payouts steady and still afford new mobile spectrum, network upgrades and the 18.4 billion-euro ($20.7 billion) purchase of Liberty Global Plc assets in central and eastern Europe. Read has reset Vodafone’s stra...
Tags: Science, Spain, Italy, Vodafone, Liberty Global PLC, Europe Read, Masmovil Ibercom SA


New Vodafone boss slashes dividend to tackle debt burden

The new boss of Vodafone slashed the mobile operator's dividend on Tuesday, reversing a pledge to maintain the payout in order to secure enough firepower to build 5G networks and complete its acquisition of Liberty Global assets.
Tags: Money, businessNews, Vodafone, Liberty Global


British telecom giant Vodafone offloads New Zealand business to Brookfield, Infratil

Vodafone Group Plc on Monday agreed to sell its New Zealand business for NZ$3.4 billion ($2.23 billion) to a consortium comprising of New Zealand-based Infratil Ltd and Canada's Brookfield Asset Management, in a deal the telecom giant says would help reduce its debt.
Tags: Money, businessNews, Canada, Vodafone, New Zealand, Nz, Vodafone Group Plc, Brookfield Asset Management, Brookfield Infratil, Infratil Ltd


NZ shares fall as Infratil flags equity raising for Vodafone deal

New Zealand shares fell as infrastructure investor Infratil flagged it will raise new equity to help fund its share of the $3.4 billion takeover of Vodafone New Zealand. The S&P/NZX 50 Index fell 56.48 points, or 0.6 per cent, to... [Author: [email protected]]
Tags: Business, Vodafone, New Zealand, Nz, Infratil, Vodafone New Zealand


NZ dollar rises on hopes for US-China trade talks, Vodafone deal

The New Zealand dollar was a little stronger after US President Donald Trump said he expects his country's trade negotiations will be successful.There was also speculation that the planned $3.4 billion purchase of Vodafone New Zealand... [Author: [email protected]]
Tags: Business, US, Vodafone, New Zealand, Donald Trump, Nz, US China, Vodafone New Zealand


Vodafone NZ sale: Competition lawyer raises possible snag in $3.4b deal

Veteran regulatory lawyer Michael Wigley doubts the pending Infratil-Brookfield purchase of Vodafone's NZ operation for $3.4 billion will encounter any Commerce Act issues.Vodafone has had its share of regulatory grief. It was... [Author: [email protected]]
Tags: Business, Vodafone, Nz, Vodafone NZ, Michael Wigley, Infratil Brookfield


Vodafone offloads NZ business to Brookfield, Infratil for $2.36 billion

Vodafone is looking to consolidate its businesses in Australia and New Zealand, with an $11 billion deal underway to merge its Australian joint venture business with TPG Telecom. Deutsche Bank and Deutsche Craigs Limited are acting as financial advisers to Vodafone, the company said. Vodafone, in 2017, had tried to sell Vodafone NZ to Sky Network Television for NZ$3.44 billion ($2.3 billion) but failed to get regulatory clearance because of monopoly concerns.
Tags: Science, Australia, Vodafone, New Zealand, Nz, Brookfield Infratil, TPG Telecom Deutsche Bank, Deutsche Craigs Limited, Vodafone NZ to Sky Network Television for NZ


Vodafone NZ sold to Infratil, Brookfield for $3.4b

Vodafone has sold its New Zealand arm for the cash equivalent of $3.4 billion to a consortium comprising Infratil and Canadian firm Brookfield Asset Management.The deal with Infratil is subject to regulatory approvals and completion... [Author: [email protected]]
Tags: Business, Vodafone, New Zealand, Infratil, Brookfield Asset Management, Vodafone NZ, Infratil Brookfield


Vodafone offloads New Zealand business to Brookfield, Infratil for $2.36 billion

The deal comes as Vodafone is looking to consolidate its businesses in Australia and New Zealand, with a $11 billion deal underway to merge its Australian joint venture business with TPG Telecom. Vodafone, in 2017, had tried to sell Vodafone NZ to Sky Network Television for NZ$3.44 billion ($2.3 billion) but failed to get regulatory clearance due to monopoly concerns. In May 2019, utilities investor Infratil had said that it was in talks with Vodafone to buy, along with another unnamed party,...
Tags: Science, Australia, Vodafone, New Zealand, Infratil, Brookfield Infratil, Vodafone NZ to Sky Network Television for NZ, TPG Telecom Vodafone


UPDATE 2-FTSE 100 falls as trade dispute escalates, investors disconnect from Vodafone

Britain's FTSE 100 slipped to a seven-week low as China slapped retaliatory tariffs on U.S. goods, further escalating their protracted trade dispute, and as telecom giant Vodafone slipped after a report of a dividend cut.
Tags: News, China, Britain, Vodafone


Infratil in talks to buy Vodafone

Power utility firm Infratil has revealed it is in talks with Vodafone Group to buy the telecom giant's New Zealand operations.Infratil said in an NZX statement that it and another party - reported to be Canadian investment company... [Author: [email protected]]
Tags: Business, Vodafone, New Zealand, Infratil, Vodafone Group


Anti-trust watchdog blocks $11 billion merger of Vodafone's Australian business with TPG Telecom

Australia's anti-trust regulator blocked a A$15 billion ($11 billion) merger between TPG Telecom and Vodafone's Australian joint venture on competition grounds on Wednesday, knocking shares in the firms involved.
Tags: Money, Australia, businessNews, Vodafone, TPG Telecom


Vodafone's $7.7 Billion Australia Merger Blocked by Regulator

The proposal would “substantially lessen competition” for mobile-phone services in an already concentrated market, the Australian Competition and Consumer Commission said in a statement Wednesday. TPG is Australia’s best -- and probably the last -- chance to gain a new cellular network operator, ACCC Chairman Rod Sims said in the statement.
Tags: Science, Australia, Vodafone, ACCC, Rod Sims, TPG, Australian Competition and Consumer Commission


Australia competition watchdog blocks $11 billion Vodafone unit-TPG Telecom merger

Australia's competition regulator blocked a proposed A$15 billion ($11 billion) merger between TPG Telecom Ltd and Vodafone Group's unit on Wednesday, sending shares of companies on both sides of the deal tumbling.
Tags: Money, Australia, businessNews, Vodafone, Vodafone Group, TPG Telecom, TPG Telecom Ltd


HeyJobs, a ‘talent acquisition’ platform out of Berlin, raises $12M Series A

HeyJobs, a three year-old Berlin startup that helps large employers scale recruitment, has raised $12 million in Series A funding. The round id led by Notion Capital, with participation from existing investors Creathor Ventures, Rocket Internet’s GFC, and newly re-branded Heartcore Capital. Founded in 2016 and launched the following year, HeyJobs aims to tackle the recruitment problem European employers are facing due to steep declines in available workforce as the so-called the “boomer” generat...
Tags: Fundings & Exits, Startups, TC, Europe, Germany, Berlin, Tech, Vodafone, Luther, Gfc, East London, Notion Capital, Facebook Instagram, Securitas, Heartcore Capital Founded, HeyJobs


Vodafone steps up fight for Liberty deal with German access offer

Vodafone stepped up its battle to gain regulatory approval for its Liberty Global deal on Tuesday by offering rival Telefonica Deutschland access to its enlarged high-speed broadband network.
Tags: Money, businessNews, Vodafone, Liberty Global, Telefonica Deutschland


Vodafone agrees Telefonica Deutschland access deal to ease Liberty concerns

Vodafone will give Telefonica Deutschland wholesale access to its high-speed broadband network to try to help secure approval for its acquisition of Liberty Global's cable business in Germany and eastern Europe.
Tags: Money, Germany, businessNews, Vodafone, Liberty Global, Telefonica Deutschland


Vodafone agrees Telefónica Deutschland wholesale deal to secure Liberty merger

Vodafone said on Tuesday it had agreed to supply high-speed broadband to Telefónica Deutschland to help secure European Commision approval for its merger with Liberty Global's cable networks in Germany and Central Europe.
Tags: Money, Germany, businessNews, Vodafone, Liberty Global, European Commision, Telefonica Deutschland