vodafone

CK Hutchison announces completion of Vodafone and Three’s merger in UK

Vodafone and Three will invest £11 billion over the next 10 years in building one of Europe’s most advanced 5G networks

Vodafone and Three have committed to spend US$14 billion to build a better 5G network that will serve 50 million customers.

Britain approves US$19 billion Vodafone-Three mobile merger

The two companies pledged to invest in 5G networks and offer protection for retail and wholesale customers

Vodafone's net profit totalled nearly 1.1 billion euros (S$1.6 billion) in the six months to the end of September.

Vodafone back in profit as nears UK merger with Three

TELECOMS group Vodafone returned to profit in the first-half, it announced on Tuesday (Nov 12), as the group closes in on a merger of its UK operations with rival Three.

Vodafone noted that the UK ranks 22nd out of 25 European countries for 5G availability and has the slowest data speeds in the G7.

Deal between Vodafone and Three could harm mobile market, UK’s competition watchdog says

The regulator will now ask Vodafone to offer solutions for remedies to clear the deal before its final decision on Dec 7

CK Hutchison, which owns Three UK, announced a £15 billion merger with Vodafone's British mobile operations in the prior year.

CK Hutchison reviews options for European telco assets: sources

Its telecom business in Europe posted a 9% fall in Ebitda last year to 2.5 billion euros

Vodafone's deal allows Virgin Media O2 customers to benefit from an upcoming investment plan in 5G networks, provided the merger is approved.

Vodafone agrees new Virgin Media O2 tie-up to ease competition concerns

The deal, along with a proposed merger, could establish a reliable third competitor in the market, says Vodafone’s CEO of European markets

Vodafone will sell roughly 268 million shares in Indus Towers through stock market block deals in Mumbai at a price range of 310 rupees (S$5.02) to 341 rupees per share, valuing the stake between US$996 million to US$1.1 billion.

Vodafone to sell 10% stake in India's Indus Towers for up to US$1.1 billion

Vodafone plans to repay part of its US$42.17 billion net debt using proceeds from the Indus Towers stake sale

Vodafone announced the sale of its Spanish business to Zegona in October, marking an exit from a market that has dragged on performance for years.

Vodafone gets green light for 5 billion euros sale of Spanish business

VODAFONE said on Tuesday (May 14) it received approval from Spanish authorities for the sale of its local unit to Zegona Communications for five billion euros (S$7.3 billion).

Vodafone posted core earnings of 11.02 billion euros (S$16.08 billion), in line with forecasts, and adjusted free cash flow of 2.60 billion euros, ahead of market expectations of 2.44 billion euros for the year to end-March.

Vodafone reports 2% rise in annual profit after stronger final quarter

It expects core earnings this year to be broadly flat at around 11 billion euros, while free cash flow would be at least 2.4 billion euros