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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
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Share Price: 69.76
Bid: 69.86
Ask: 69.88
Change: 0.34 (0.49%)
Spread: 0.02 (0.029%)
Open: 69.54
High: 70.34
Low: 69.54
Prev. Close: 69.42
VOD Live PriceLast checked at -

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Sector movers: M&A hopes lift telecoms as BT and Vodafone gain

Wed, 26th Nov 2014 14:26

Continuing bid speculation pushed stocks in the telecoms sector higher on Wednesday with heavyweights BT and Vodafone both on the rise.BT, up 2.4% by late afternoon, was extending recent gains after it was confirmed that the fixed-line telecoms provider was in talks with at least two groups about buying their UK mobile phone networks.While BT had previously announced it was in discussions with Telefonica, which owns O2, Deutsche Telekom and Orange confirmed on Wednesday that they were also in talks with the group about selling their EE joint venture.Analysts estimated that EE could potentially be worth £10bn.Numerous other rumours surround the sector, including that Vodafone may acquire TalkTalk or may merge with Sky or may merge with Liberty Global, or that Sky may buy a UK mobile operator, though Sky and Vodafone are already in a trial partnership in a quad-play deal.As broker Charles Stanley said, these "are not new ideas, but are being resuscitated".Nevertheless, analyst Tom Gidley-Kitchin said BT's confirmation that it was in discussions has "generated speculation over whether a deal might happen and, more significantly, about whether it trigger off further, reactive mergers".He said: "Most national telecom markets are seeing a process of convergence, whereby telecom companies are offering, and customers are looking for, a combined bundle of (some or all of) fixed, mobile, broadband and TV services."Regarding Vodafone, whose shares were up 1%, Gidley-Kitchin said an acquisition of Sky would be a "very large move" for the group and could cause a number of competition issues."However, an enhanced partnership with Sky could be mutually beneficial and not necessarily anti-competitive," he said. Top performing sectors so far todayFixed Line Telecommunications 4,608.73 +2.20%Electricity 9,995.12 +1.12%Mobile Telecommunications 5,086.81 +0.66%Food Producers & Processors 8,113.76 +0.60%General Retailers 2,831.26 +0.33%Bottom performing sectors so far todayIndustrial Metals & Mining 1,513.13 -6.75%Automobiles & Parts 7,858.24 -1.23%Travel & Leisure 7,649.59 -1.14%Forestry & Paper 11,514.58 -1.02%Oil Equipment, Services & Distribution 20,031.11 -0.77%
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16 May 2023 17:11

London stocks reverse gains as financial and energy stocks dip; Vodafone slides

Vodafone slumps on weak cash flow expectations

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16 May 2023 16:58

LONDON MARKET CLOSE: China data hits stocks before more US debt talks

(Alliance News) - Stock prices in Europe closed lower on Tuesday, with underwhelming China data and little in the way of progress in US debt ceiling talks souring the mood.

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16 May 2023 16:37

New Vodafone boss takes aim at costs with 11,000 global job cuts

New CEO says Germany underperforming

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16 May 2023 12:14

LONDON MARKET MIDDAY: Stocks subdued; US debt ceiling concern weighs

(Alliance News) - Stock prices in London were directionless at midday on Tuesday as markets digested the latest UK unemployment data and nervously eyed incoming US debt ceiling crunch talks.

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16 May 2023 11:36

UK's CMA says no view on Vodafone-Three tie-up until deal announced

LONDON, May 16 (Reuters) - The chief executive of Britain's anti-trust regulator said she could not give a view on the proposed merger of Vodafone and CK Hutchison's UK businesses until the deal is formally agreed.

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16 May 2023 10:26

Vodafone CEO says Three UK deal to 'take as long as it takes'

Vodafone CEO says CK Hutchison talks 'progressing'

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16 May 2023 09:23

Vodafone open to selling Spanish business: CEO

LONDON, May 16 (Reuters) - The chief executive of Britain's Vodafone said she was open to selling its Spanish business but it was too early to say what the outcome of a strategic review there would be.

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16 May 2023 09:13

TOP NEWS: Vodafone achieves annual profit jump but "not good enough"

(Alliance News) - Vodafone Group PLC on Tuesday said its annual performance slowed in line with its expectations, as it plans to cut 11,000 jobs.

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16 May 2023 09:06

LONDON MARKET OPEN: Stocks drift up amid unease over US debt talks

(Alliance News) - Stock prices in London edged into the green at Tuesday's open, but investors failed to muster much enthusiasm following weak Chinese economic data and fears of a US debt default.

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16 May 2023 08:53

Vodafone says talks with Hutchison over UK deal progressing, takes time

LONDON, May 16 (Reuters) - Vodafone's chief executive said talks with Hutchison about a tie-up between the pair's British businesses are progressing but it was taking time.

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16 May 2023 07:55

LONDON BRIEFING: UK unemployment rises to 3.9%; Vodafone to cut jobs

(Alliance News) - Stocks in London were called lower on Tuesday, as investors looked ahead to critical US debt talks, set to resume later in the day, while the UK jobless rate rose unexpectedly and Vodafone plans to cut jobs in the UK and abroad.

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16 May 2023 07:09

Vodafone to cut 11,000 jobs, forecasts flat earnings

LONDON, May 16 (Reuters) - Vodafone's new boss Margherita Della Valle said she would cut 11,000 jobs over three years to simplify the telecoms group, which she said "must change", as it forecast little or no growth in earnings for the new financial year.

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16 May 2023 07:03

Vodafone to axe 11,000 jobs, sees flat earnings

(Sharecast News) - Telecoms giant Vodafone said it was cutting 11,000 jobs and expected to post flat earnings next year after reporting a decline in annual profits in a performance described as "not good enough" by its chief executive.

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12 May 2023 14:46

Sweden's EQT takes majority stake in Italy's Wind Tre telecoms grid

MILAN, May 12 (Reuters) - Sweden's EQT Infrastructure will take a majority stake in Wind Tre's Italian telecoms network after agreeing a deal with Hong Kong's CK Hutchison valuing the business at 3.4 billion euros ($3.74 billion), including debt, the groups said.

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12 May 2023 09:37

LONDON BROKER RATINGS: RBC lifts Barclays; Jefferies cuts Diageo

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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