By Kate Holton LONDON (Reuters) - Mobile phone group Vodafone VOD moved quickly to defend its share price on Wednesday, announcing a surprise 1 billion-pound ($2 billion) buyback program after its stock crashed a day earlier on a weaker-than-expected trading update....
Vodafone Australia added about 70,000 customers in the June quarter for a total of 4.1 million, as users were attracted to the mobile carrier's cheaper plans.But Vodafone's revenue increased 6.3 per cent from the year before despite a reduction in the termination rate to nine cents from 12 cents...
By Kate Holton LONDON (Reuters UK) - Mobile phone group Vodafone VOD moved quickly to defend its share price on Wednesday, announcing a surprise 1 billion-pound buyback programme after its stock crashed a day earlier on a weaker-than-expected trading update. Vodafone shares slumped almost 14...
By Mike Elliott and Kwasi Kpodo LONDON/ACCRA (Reuters UK) - Vodafone GroupVOD said on Thursday it paid $900 million (454 million pounds) for a 70 percent stake in Ghana Telecom, the African country's third largest mobile phone operator. The deal, signed in the Ghanaian capital of...
ACCRA (Reuters UK) - Ghana's parliament delayed on Friday a decision on a deal that would allow Vodaphone Group VOD buy a 70 percent stake in Ghana Telecom, the country's third largest mobile phone operator. Vodafone signed a deal with the government in July to pay...
Vodafone has teamed up with MySpace and MTV to promote its branded European music events. The partnership builds on existing ties between MySpace and Vodafone, which first signed an exclusive partnership deal in Feb 2007. Under the current deal, the...
LONDON (Reuters UK) - Shares in Vodafone VOD rose after the mobile operator announced a deal with News Corp's NWSa MySpace under which footage from Vodafone-sponsored music events will be made available to users of the social networking website. The new service, Vodafone Music Reporter,...
Tim Poulus submits: Vodafone VOD is buying 70% of Ghana Telecom for $900m. Ghana Telecom is the local incumbent and has: 379k fixed lines and 15k BB lines. 1.4m mobile subs, or a 17% market share. ...
LONDON (Reuters UK) - Mobile phone group Vodafone VOD on Friday won a test-case tax battle which means it does not have to pay extra corporation tax to the government on its Luxembourg-based subsidiary. Mr Justice Edward Evans-Lombe ruled in Vodafone's favour in the High...
Tom Lydon ETF Trends submits: Growth in the wireless sector has telecommunications ETFs ringing up good numbers today. AT&T T announced today that its quarterly profit had gone up even more than expected, reports Ritsuko Ando for Reuters. The growth among its wireless subscribers compensated for the loss in...
NEW YORK (Reuters) - Verizon Wireless, the No. 2 U.S. mobile service, has offered to divest assets in 85 cell phone markets in a bid to gain regulatory approval for its proposed $28.1 billion purchase of smaller rival Alltel. The venture of Verizon...
Phil Davis submits: Can it really be this easy? Will the energy markets die not with a bang or a pop as it were but with a whimper? While we would love for that to happen, we’ve had some other very nice drops that have turned back up on...
Phil Davis submits: Ow, ow and ow! Those were some hurting earnings reports last night! On a percentage basis, the misses are few and far between but when you get downside guidance from Apple AAPL, SanDisk SNDK, Texas Instruments TXN and American Express AXP along with misses from...
NEW YORK (Reuters) - Verizon Wireless, the second-largest U.S. mobile service provider, said on Tuesday it added 1.5 million customers in the second quarter, slightly ahead of some Wall Street expectations. The venture of Verizon Communications Inc VZ and Vodafone Group...
France-based games publisher Gameloft is in talks with mobile phones operators to break into the Indian market, according to The Economic Times. The company is currently in discussions with Nokia, Samsung, Motorola, Sony Ericsson and LG and has already begun...
By Philip Blenkinsop and Martinne Geller BRUSSELS/NEW YORK (Reuters) - Anheuser-Busch Cos Inc BUD accepted a sweetened $52 billion takeover bid from Belgium-based InBev NV NV INTB, creating the world's largest beer maker and placing an iconic U.S. company into foreign...
JOHANNESBURG (Reuters UK) - South Africa's Telkom TKGJ said on Tuesday it was still in discussions with a Vodafone VOD unit that wants to buy part of its stake in mobile operator Vodacom, sending its shares up nearly 2 percent. Africa's biggest fixed-line telephone company said...
By Michael Taylor LONDON (Reuters UK) - The main share index gained 1.6 percent on Wednesday as bank shares rose, led by HBOS HBOS, while lower U.S. crude prices pulled oil firms down but eased inflation concerns. The FTSE 100 ended up 85.8 points at...
Mobile carriers 3, Telecom Italia Mobile, and America Movil are joining Nokia's Symbian Foundation, an alliance founded by the handset maker to develop an open-source mobile platform. The new entries join AT&T, Vodafone, LG Electronics, Motorola, NTT DoCoMO, Samsung and Sony Ericsson, which co-founded the coalition with Nokia and...
Purple Labs, a France-based developer of Linux-based software for mobile phones, has acquired the browser and messaging side of Openwave's business for USD32m. Under the terms of the agreement, Openwave transferred assets of its client software business to Purple Labs...
