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Vodafone Group plc (VOD)

  • Feb. 22, 2012, 10:20 AM
    Text messaging revenues, long a cash cow for carriers, are coming under fire from the growing mobile use of Facebook (FB), Twitter, and other social networking platforms. Ovum estimates "social messaging" cost carriers $13.9B in messaging revenue in 2011, up from $8.7B in 2010. Though as Olga Kharif notes, social networking activity is driving the sale of pricey smartphone data plans.
    | Feb. 22, 2012, 10:20 AM | Comment!
  • Feb. 14, 2012, 5:36 PM
    Bruce Berkowitz's Fairholme Capital Management cut substantial parts of stakes in Berkshire Hathaway (BRK.A), Citigroup (C) and Regions Financial (RF) in Q4, and completely sold out of holdings in telecoms AT&T (T), Telefonica (TEF), Verizon (VZ) and Vodafone (VOD). He keeps the faith in Bank of America (BAC), maintaining a stake of nearly 105M shares.
    | Feb. 14, 2012, 5:36 PM | 3 Comments
  • Feb. 14, 2012, 9:29 AM
    More on the iPad: In-line with earlier rumors, the WSJ claims Apple (AAPL) will offer a 4G LTE version of the iPad 3, and that Verizon (VZ, VOD) and AT&T (T) will be among the companies to sell it. The arrival of a 4G iPad would be a slight positive for baseband chip supplier Qualcomm (QCOM), though the unwillingness of many consumers to pay for an extra data plan has hurt sales of 3G tablets thus far.
    | Feb. 14, 2012, 9:29 AM | Comment!
  • Feb. 13, 2012, 2:21 AM
    Vodafone (VOD) confirms it's considering a cash bid for Cable & Wireless Worldwide, with sources adding the offer could come in around £700M ($1.1B). Buying the struggling company would allow Vodafone to offload ever-increasing Internet traffic to a fixed network with more capacity.
    | Feb. 13, 2012, 2:21 AM | 2 Comments
  • Feb. 9, 2012, 6:56 AM
    Vodafone (VOD) follows other firms, moving cash out of Greece "every evening," to guard against an exit from the euro, according to its CFO Andy Halford. GlaxoSmithKline (GSK) takes it a step further, moving its cash from all of Europe (save Germany) into the U.K. each day.
    | Feb. 9, 2012, 6:56 AM | Comment!
  • Feb. 9, 2012, 3:00 AM
    Vodafone (VOD) Q3 revenue -2.3% to £11.62B, in-line with consensus, due to ongoing difficulties in Europe, its biggest market. The company reaffirms FY guidance for adjusted operating earnings of £11.4B-11.8B.
    | Feb. 9, 2012, 3:00 AM | Comment!
  • Feb. 6, 2012, 2:41 PM
    British mobile phone operator Vodafone (VOD +1.3%) ends talks with Largo, parent company of Wind Hellas, about combining their operations in Greece. The news comes after VOD announced a $710M writedown on its Greek operations for the six months ended Sept. 30 and took a $1.2B impairment charge for the 12 months ended March 31.
    | Feb. 6, 2012, 2:41 PM | Comment!
  • Feb. 2, 2012, 12:32 PM
    Research In Motion (RIMM +1.9%) spikes following a rumor that Vodafone (VOD) is interested in buying the company. However, Vodafone says there's no truth to it.
    | Feb. 2, 2012, 12:32 PM | Comment!
  • Jan. 30, 2012, 1:38 PM
    The iPhone may be great for Apple (AAPL), but the huge subsidies it requires makes it terrible for carriers, laments Nomura. Verizon's (VZ, VOD) incremental service margin easily outpaced AT&T's (T) until it began selling the iPhone, and AT&T's actually turned negative in Q4. Meanwhile, Sprint's (S) upcoming Q4 report is expected to show "over 800 bps of margin contraction."
    | Jan. 30, 2012, 1:38 PM | 12 Comments
  • Jan. 22, 2012, 3:13 AM
    Vodafone's (VOD) tax victory in India removes a major obstacle to a planned IPO of the carrier's local wireless unit, which could be worth up to £11.3B ($17.6B). Meanwhile, Essar Group will demand $883M from Vodafone that it withheld as tax when buying a 22% stake in the unit from Essar, the WSJ reports.
    | Jan. 22, 2012, 3:13 AM | Comment!
  • Jan. 20, 2012, 3:45 AM
    Vodafone (VOD) wins its case in India's top court, and isn't liable for up to $4.4B in back-taxes and penalties. This is exceedingly good news both for Vodafone and for other firms fighting similar tax cases in India, including GE (GE), SABMiller (SBMRF.PK), Cadbury (KFT), AT&T (T) and Sanofi-Aventis (SNY). Vodafone +1.8% in London.
    | Jan. 20, 2012, 3:45 AM | Comment!
  • Jan. 13, 2012, 9:25 AM
    Premarket gainers: GGC +36%. RDN +7%. APOG +4%. SAP +3%.
    Losers: EK -20%. DMND -9%. SFLY -8%. PCX -8%. SGEN -6%. JASO -6%. TSL -5%. GFA -4%. JPM -4%. BAC -4%. ALU -4%. VOD -4%. CPNO -4%. VMW -4%. MS -4%. C -4%. ANR -4%. HOV -3%. YGE -3%. TS -3%. RCL -3%. BUD -3%. RF -3%.
    | Jan. 13, 2012, 9:25 AM | Comment!
  • Jan. 12, 2012, 1:57 PM
    Verizon Wireless (VZ, VOD) says it will no longer roll out smartphones and tablets on its network that don't support 4G LTE connectivity. The decision represents an attempt by Verizon to exploit its lead relative to T in deploying LTE services, and could be a modest positive for QCOM, given the higher chip content of 4G devices. It also might be another hint the iPhone 5 will support LTE. (yesterday)
    | Jan. 12, 2012, 1:57 PM | 4 Comments
  • Jan. 11, 2012, 6:27 PM
    Verizon Wireless (VZ, VOD) says it has a long-term goal of having its subscribers use an average of five devices that rely on its mobile network. The carrier, which currently charges extra for tablet data plans and mobile hotspot support, says it will try to facilitate that goal by rolling out shared data plans later this year. AT&T (T) claims it wants to do the same, but won't provide a timetable.
    | Jan. 11, 2012, 6:27 PM | Comment!
  • Jan. 9, 2012, 6:25 AM
    Vodafone (VOD) outlines plans to expand into Asia and South America via new partnerships. The company wants to tap the fast-growing markets by securing agreements with local operators rather than embarking on expensive direct investments. Analysts call it a "sensible" expansion strategy.
    | Jan. 9, 2012, 6:25 AM | Comment!
  • Jan. 6, 2012, 5:01 AM
    Vodafone (VOD) +0.8% premarket in thin trading, and +1.85% in London, after Goldman Sachs raises the stock to Buy from Neutral. Goldman sees "a potential total return of 55% over the next two years" as free cash flow is lifted by earnings and dividend growth at Verizon Wireless and regulatory pressure fades.
    | Jan. 6, 2012, 5:01 AM | Comment!
VOD vs. ETF Alternatives
Company Description
Vodafone Group PLC is engaged in providing voice and data communications services for all types of customers. The Company has presence in Europe, the Middle East, Africa, the Asia Pacific region and the United States.