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Vodafone Sales Recovery Continues, Sees Tower IPO in 2021 [Yahoo! Finance News]
Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD)
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Source: Yahoo! Finance News
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Vodafone Group Plc narrowly beat quarterly revenue forecasts after the $20 billion acquisition of cable assets from Liberty Global Plc strengthened the wireless carrier in fiercely competitive European markets. Vodafone reported organic service revenue up 0.8% for its third quarter ended Dec. 31 versus the 0.7% average of analyst estimates compiled by the company.Vodafone said it’s preparing for a potential initial public offering of its European wireless towers in early 2021, as it moves more decisively to monetize its 62,000 masts. Key Insights Strong cable customer additions in Germany, where Vodafone makes about a quarter of its sales following last year’s Liberty deal, helped to offset the impact of price wars in southern Europe.The revenue beat was also driven by improving sales in South Africa.It was the second consecutive quarter of growth for Vodafone as Chief Executive Officer
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NEWS
NEWS
- Vodafone Group Public Limited (NASDAQ: VOD) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.[MarketBeat]
- Ghana's Underserved Mobile Users Are the Key for Telecel's West African Growth, CEO Says [BNN Bloomberg (Canada)][BNN Bloomberg]
- Are Strong Financial Prospects The Force That Is Driving The Momentum In Vodacom Group Limited's JSE:VOD) Stock? Fri, May 24, 2024, 1:14 PM GMT+2 4 min read 0 How To Calculate Return On Equity? What Is The Relationship Between ROE And Earnings Growth? A [Acquire Media Monitor]
- Broadband Forum Celebrates 20 Years of Revolutionary Device Management Standard [Yahoo! Finance][Yahoo! Finance]
- Orange, Vodacom Said in Talks on African Infrastructure Deals [BNN Bloomberg (Canada)][BNN Bloomberg]
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VOD
SEC Filings
SEC Filings
- 5/31/24 - Form 6-K
- 5/24/24 - Form SD
- 5/24/24 - Form 6-K
- VOD's page on the SEC website
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