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BofA/Merrill is downgrading Vodafone (VOD -1.2%) to Hold. While liking Vodafone's top-line...

  • Wednesday, August 15, 2012, 2:36 PM ET
    BofA/Merrill is downgrading Vodafone (VOD -1.2%) to Hold. While liking Vodafone's top-line growth and dividend yield, the firm is worried about slumping Italian profits, Indian spectrum costs, a relatively high P/E (currently 14), and the potential end of 45%-owned Verizon Wireless (VZ) and AT&T's (T) duopoly power in the U.S.
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This news story has 5 comments:

  •  
    And the Verizon and AT&T "duopoly power in the U.S." will "potential[ly[ end" how, exactly?
    15 Aug 2012, 03:00 PM Reply Like
  •  
    Yes, I'd like to know what was meant by that too!!
    15 Aug 2012, 03:10 PM Reply Like
  •  
    Sprint ???
    15 Aug 2012, 05:02 PM Reply Like
  •  
    As long as the dividend holds, I will continue to accumulate VOD as one of my core holdings.
    16 Aug 2012, 08:04 AM Reply Like
  •  
    VOD, T, and VZ are core holdings at the right price for dividends and/or capital appreciation. Break the duopoly? Not unless Google intends to take its Kansas City broadband experiment to key hub cities on the 'duo-coasts'!

    What nonsense!!!
    16 Aug 2012, 06:25 PM Reply Like
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