Sunday, 26 May 2019
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Tag Archives: Vodafone

Vodafone says to cut up to 1,200 jobs in Spain

MADRID: Vodafone said it planned to cut up to 1,200 jobs in Spain as it streamlines its organisation to cope with a drop in revenue and profits in a fiercely competitive telecommunications market. In a statement, the group said it would kick off consultations with worker representatives at the end ...

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Vodafone’s new CEO to cut costs, review tower assets

LONDON: Vodafone’s new chief executive  said he would reduce operating costs by 1.2 billion euros by 2021 and review its tower assets to drive returns after its organic revenue grew by 0.8 percent in the first half. “My new strategic priorities focus on (…) radically simplifying our operating model and ...

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Vodafone buys Liberty Global assets for 18.4 bn euros

LONDON: British telecommunications giant Vodafone agreed Wednesday to buy a raft of US cable giant Liberty Global’s European activities for 18.4 billion euros ($21.9 billion), which it said would catapult it into being the largest operator in the EU. The deal, worth the equivalent of £16.1 billion, will see Vodafone ...

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Vodafone confirms Liberty Global European assets talks

LONDON: Vodafone Group opened discussions with Liberty Global on acquiring parts of the cable company’s European business, amid rumours the deal would form an asset swap similar to a proposal abandoned three years ago. In a brief media statement, Vodafone Group said it was in: “Early stage discussions with Liberty ...

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Vodafone upgrades its growth forecast

LONDON: Vodafone upgraded its financial forecasts after it reported better than expected performance in the first half of the year, assisted by a £100m compensation cheque from BT’s network business Openreach. The telecoms giant said it now expects organic earnings before interest, tax, depreciation and amortisation to increase by around 10pc ...

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Vodafone’s Indian unit and Idea Cellular announce merger

MUMBAI: UK telecoms giant Vodafone has merged its Indian business with Idea Cellular, India’s third-largest network, to create the country’s largest operator. The combined company will have almost 400 million customers, accounting for 35% of the market share, the firms said in a statement. The announcement ends months of speculation ...

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Vodafone to Create 2,100 Customer Services Jobs Across the UK

LONDON: British telecom giant Vodafone is to bring 2,100 customer service jobs back to the UK over the next two years. The move is said to be part of its £2bn ($2.44bn) investment plan aimed at improving operations in its home market. The world’s second biggest mobile operator said it ...

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Vodafone’s Indian unit in merger talks

LONDON: Vodafone has said its Indian business is holding talks about a major merger which would create the country’s largest telecoms firm. It said Vodafone India, the country’s second biggest mobile operator, was in negotiations with Idea Cellular, India’s third largest network. There was “no certainty” a deal would be ...

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