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Tag: vodafone
Vodafone names towers company Vantage, plans IPO in Frankfurt in early 2021
2020-07-24 09:38:00| Telecompaper Headlines
(Telecompaper) Vodafone Group has presented the name Vantage Towers for its infrastructure company. With over 68,000 sites across nine markets in Europe, the company has nearly EUR 1 billion in estimated annual revenues. Vodafone said it plans to list Vantage on the Frankfurt stock market in early 2021, while maintaining a majority stake in the business.
Tags: company
early
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Vodafone underlying service revenue turns lower in Q1 as pandemic reduces roaming, business revenue
2020-07-24 08:37:00| Telecompaper Headlines
(Telecompaper) Vodafone's underlying service revenues turned lower again in its fiscal first quarter to June, with a drop of 1.3 percent in organic service revenue compared to growth of 1.6 percent in the previous quarter. The company blamed the drop on less roaming revenue and slower business activity due to the Covid-19 pandemic and said it still expects to meet its targets for full-year EBITDA and cash flow.
Tags: service
business
lower
revenue
Vodafone calls for 5G auction to be scrapped
2020-07-16 16:50:01| BBC News | Business | UK Edition
It cites the need to strip out Huawei equipment coupled with economic uncertainty as reasons
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vodafone
Vodafone renews calls for spectrum auction cancellation following UKs decision to ban Huawei
2020-07-16 02:00:00| Total Telecom industry news
Vodafone is calling on the UK government to cancel the upcoming 5G spectrum auction and instead simply allocate the spectrum licences evenly to the country’s four major operators for the reserve price. The request follows the UK’s decision on Tuesday to ban the purchase of Huawei equipment from 2021, as well as phasing out existing Huawei kit in the country&rsquo…read more on TotalTele.com »
Tags: decision
calls
auction
spectrum
Saudi Telecom extends Vodafone Egypt stake purchase until September
2020-07-13 09:26:00| Telecompaper Headlines
(Telecompaper) Saudi Telecom Company (STC) said it would need another two months to complete the purchase of Vodafone Group's 55 percent stake in Vodafone Egypt. STC said in a bourse statement that logistics challenges caused by the Covid-19 pandemic meant both parties need more time to complete the required procedures, including due diligence. Any material development with respect to the transaction would be announced to the bourse in due course.
Tags: september
purchase
egypt
telecom
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