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Vodafone


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Xavier Niel can feast on European telco misery

BREAKINGVIEWS-Xavier Niel can feast on European telco misery The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Pamela Barbaglia LONDON, March 27 (Reuters Breakingviews) - Xavier Niel is set to be more than a spectator in the looming consolidation of Europe’s telecoms industry. The French billionaire has spent the past three decades building up a vast network of carriers across nine European countries.
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Vodafone Group Announces Completion Of Co-Control Partnership For Vantage

BRIEF-Vodafone Group Announces Completion Of Co-Control Partnership For Vantage March 23 (Reuters) - Vodafone Group PLC VOD.L : VODAFONE GROUP PLC - COMPLETION OF CO-CONTROL PARTNERSHIP FOR VANTAGE VODAFONE - VODAFONE HAS RECEIVED INITIAL NET CASH PROCEEDS OF EUR 4.9 BILLION AND NOW HOLDS A 64% SHAREHOLDING IN OAK HOLDINGS VODAFONE - , TARGETING TO
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Ardian mobile towers pounce would be a mouthful

BREAKINGVIEWS-Ardian mobile towers pounce would be a mouthful The author is a Reuters Breakingviews columnist. The opinions expressed are their own. MILAN, March 23 (Reuters Breakingviews) - Ardian’s mobile towers takeover in Italy looks a stretch. The French private equity firm is in the early stages of exploring a bid for 11 billion euro INWIT INWT.MI , in which it already holds a 28% indirect stake, Reuters reported on Wednesday.
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Ardian explores taking Italian tower operator INWIT private-sources

EXCLUSIVE-Ardian explores taking Italian tower operator INWIT private-sources Adds share reaction By Milana Vinn and Amy-Jo Crowley March 23 (Reuters) - French investment firm Ardian is in the early stages of exploring a bid for Italy's INWIT INWT.MI , the country's top telecommunications tower operator with a market value of 11 billion euros ($12 billion), according to people familiar with the matter.
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Ardian explores taking Italian tower operator INWIT private-sources

EXCLUSIVE-Ardian explores taking Italian tower operator INWIT private-sources By Milana Vinn and Amy-Jo Crowley March 22 (Reuters) - French investment firm Ardian is in the early stages of exploring a bid for Italy's INWIT INWT.MI , the country's top telecommunications tower operator with a market value of 11 billion euros ($12 billion), according to people familiar with the matter.
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Hungary boosts telecoms sector control with Yettel transaction

Hungary boosts telecoms sector control with Yettel transaction BUDAPEST, March 20 (Reuters) - Hungary has acquired an indirect minority stake in PPF Telecom group's Hungarian operator Yettel Magyarorszag through a share swap agreement, the government said on Monday, boosting Prime Minister Viktor Orban's control over the sector. The deal follows an agreement by British telecom group Vodafone VOD.L to sell its Hungarian business to local IT company 4iG and the Hungarian state for a total cash con
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Huawei ban would have significant impact on German mobile network -ministry

Huawei ban would have significant impact on German mobile network -ministry BERLIN, March 17 (Reuters) - A ban on certain components by Chinese companies Huawei HWT.UL and ZTE 000063.SZ could have a significant impact on Germany's mobile network if they have to be replaced on a larger scale, according to a German economy ministry letter seen by Reuters.
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UK's Ofcom delays BT fibre pricing decision after CEO remarks

UPDATE 3-UK's Ofcom delays BT fibre pricing decision after CEO remarks BT CEO's remarks anger rivals Ofcom says it is committed to network competition Says it would take regulatory action if necessary BT shares drop 4% Adds comment from BT and altnets body By Paul Sandle LONDON, March 17 (Reuters) - Britain's telecoms regulator needs more time to consider BT's wholesale pricing, it said on Friday after concerns were raised over the company's boss saying its network expansion will "end in tears"
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British Business - March 17

PRESS DIGEST-British Business - March 17 March 17 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - UK's North Sea oil company Hurricane Energy HUR.L , which was close to collapsing two years ago, is being taken over by London-based oil refining firm Prax Exploration & Production in a deal worth up to 249 million pounds ($300.6 million).
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Three and Vodafone merger talks 'progressive and positive' - Three UK CFO

UPDATE 1-Three and Vodafone merger talks 'progressive and positive' - Three UK CFO Adds detail on results LONDON, March 16 (Reuters) - The chief financial officer of Hutchison's 0001.HK Three UK said talks with Vodafone VOD.L about combining their networks in Britain were "progressive and positive", although he declined to comment on the outcome. Discussions "are moving in the right direction", Darren Purkis added in an interview after the mobile operator reported results on Thursday.
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Three and Vodafone merger talks 'progressive and positive' - Three UK CFO

Three and Vodafone merger talks 'progressive and positive' - Three UK CFO LONDON, March 16 (Reuters) - The chief financial officer of Hutchison's Three UK said talks with Vodafone about combining their networks in Britain were "progressive and positive", although he declined to comment on the outcome. "Discussions are progressive and positive," Darren Purkis said in an interview after the mobile operator reported results on Thursday.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Vue International, Petronas, Hutchison, Gold Fields, Hurricane Energy, Arma, UBS Group AG, Voyager Digital, Silicon Valley Bank and Signature Bank March 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** UBS Group AG UBSG.S and Credit Suisse Group AG CSGN.S are opposed to a forced merger, Bloomberg News reported on Thursday, citing people with knowledge of the matter.
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Vodafone Group Says Vinod Kumar, CEO Of Vodafone Business, Will Retire

BRIEF-Vodafone Group Says Vinod Kumar, CEO Of Vodafone Business, Will Retire March 16 (Reuters) - Vodafone Group PLC VOD.L : VODAFONE ANNOUNCES EXECUTIVE COMMITTEE CHANGE ANNOUNCED THAT VINOD KUMAR, CEO OF VODAFONE BUSINESS, WILL RETIRE VINOD KUMAR, CEO OF VODAFONE BUSINESS, WILL RETIRE FROM VODAFONE EFFECTIVE 31 DECEMBER 2023 Source text for Eikon
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Vodafone plans to cut 1,000 jobs in Italy, almost a fifth of total

Vodafone plans to cut 1,000 jobs in Italy, almost a fifth of total MILAN, March 13 (Reuters) - Vodafone VOD.L said on Monday it plans to shed 1,000 jobs in Italy -- almost a fifth of its total workforce in the country -- confirming what unions had told Reuters last week. Two union officials had told Reuters that the British telecoms giant was looking to slim down its Italian unit as part of a larger cost saving plan.
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Bank rout: trap or opportunity?

LIVE MARKETS-Bank rout: trap or opportunity? STOXX 600 down 2.1% Banks set for worst day in a year U.S. acts to shore up banking confidence S&P 500 futures up 0.1% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BANK ROUT: TRAP OR OPPORTUNITY?
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Europe's bank shares plunge, bonds rally despite SVB rescue effort

GLOBAL MARKETS-Europe's bank shares plunge, bonds rally despite SVB rescue effort Europe's bank shares slump 6% in biggest fall in over a year U.S. authorities act to stabilise banks Markets speculate on less aggressive Fed hikes Short-term Treasury yields tumble, Fed futures jump Adds quote, updates prices throughout By Nell Mackenzie and Wayne Cole LONDON,SYDNEY, March 13 (Reuters) - Europe's bank shares suffered their biggest fall in over a year and bond markets saw a gigantic repricing of ra
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"Vicious" sell-off: 99% of STOXX in the red

LIVE MARKETS-"Vicious" sell-off: 99% of STOXX in the red STOXX 600 down 2.2% Bank stocks set for worst day in a year US acts to shore up banking confidence S&P 500 futures up 0.4% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com "VICIOUS" SELL-OFF: 99% OF STOXX IN THE RED (0950 GMT) Markets in Europe are in clear sell-off mode with traders making little distinctions and dumping al
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United Internet appoints Ralf Hartings as CFO

United Internet appoints Ralf Hartings as CFO March 10 (Reuters) - United Internet UTDI.DE is appointing Ralf Hartings as its chief financial officer to replace Martin Mildner who decided to leave the company at his own request as of March 31 this year, the German communications firm said on Friday. Hartings currently serves as a CFO of 1&1 Mail & Media SE, a subsidiary of United Internet, and previously worked for telecommunication companies including Vodafone VOD.L and Verizon Wireles in the U
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Vodafone targets some 1,000 jobs cuts in Italy - union officials

UPDATE 1-Vodafone targets some 1,000 jobs cuts in Italy - union officials Adds context By Elvira Pollina MILAN, March 9 (Reuters) - Vodafone VOD.L is looking to cut about 1,000 jobs in Italy as part of a larger cost saving plan the telecoms giant is pursuing to revamp its operations, two union officials told Reuters. The figures emerged after an internal meeting between unions and company representatives in Italy on Thursday.
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Vodafone targets some 1,000 jobs cuts in Italy - union officials

Vodafone targets some 1,000 jobs cuts in Italy - union officials MILAN, March 9 (Reuters) - Vodafone VOD.L is looking to cut about 1,000 jobs in Italy as part of a larger cost saving plan the telecoms giant is pursuing to revamp its operations, two union officials told Reuters. The figures emerged after an internal meeting between unions and company representatives in Italy.
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