Vodafone News
Vodafone is the largest cellco in the world by revenue but China Mobile has more customers. It was formed when UK company Racal won a cellular license and was later spun out. Since then it has grown through a series of bold mergers to the giant it is today with major operations in Germany, the UK, Spain and Italy and India. It has minority positions in Verizon Wireless in the US and in SFR in France, in the process of being sold to Vivendi. In all, taking in subsidiaries and joint ventures it has 341 million cellular subscribers in 30 countries and partner networks, with which it has close ties, over a further 40. Vodafone major shareholders have guided its strategy away from saturated such as Japan (which it sold to Softbank) and pushed Vodafone to attack emerging markets – a strategy that has paid off handsomely with Vodafone capturing control of Essar in India and Telsim in Turkey. Vodafone has begun buying fixed line ISPs to venture into broadband, IPTV and quad play, particularly in Germany, Spain, Italy and Portugal.
Vodafone suffers first ever annual revenue decline
Vodafone reported its first ever full-year drop in revenues, dragged down by the continuing economic crisis in southern Europe, an important market to the UK-based giant. As it reportedly considers se ...
- Europe's crisis continues to weigh on Vodafone
- Vodafone falls into red on south Europe writedowns
- Vodafone's year dragged down by eurozone crisis
Vodafone set for M&A spree after Verizon deal?
20 May, 2013
While shareholders want the proceeds of a deal in their pockets, analysts urge cellco to invest in growth markets
Vodafone expands mobile money in India
19 April, 2013
M-Pesa services expands in partnership with local bank, taking on Bharti Airtel in Africa and India
Vodafone and China Mobile unite for Myanmar bid
5 April, 2013
World's two leading cellcos to submit joint application for one of two national mobile licences in Asian country
Europe's crisis continues to weigh on Vodafone
7 February, 2013
Turkey, India and Verizon Wireless were the star performers in fiscal Q312, while Italy, Spain and Australia flagged badly
Vodafone unifies enterprise and M2M activities
3 December, 2012
Creates single Group Enterprise structure, which also incorporates Cable & Wireless Worldwide, to increase non-consumer focus
Vodafone adds loans to M-Pesa mobile money service
27 November, 2012
Operator's Kenyan venture Safaricom expands successful payments platform for the unbanked to include microloans and savings
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