Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats Politics Vodafone and Deliveroo will dispatch senior representatives to the Reform UK conference this week despite the party publicly threatening to send their bosses to prison. Telecoms giant Vodafone, operating under its UK banner Vodafonethree, will host a fringe event at the Reform’s annual jamboree even after home affairs spokesman Zia Yusuf warned chief executive Margherita [...]
Vodafone defends migrant SIM scheme after Reform threat Telecoms Vodafone has defended its charity SIM card programme after Reform UK threatened the telecoms giant with government contract bans and its bosses with prison over thousands of cards distributed through Care4Calais. The telecoms group said its programme provides SIM cards to registered UK charities for distribution to vulnerable people in Britain, after Reform shadow home [...]
Vodafone shares jump as French telecoms tycoon becomes top shareholder Telecoms Vodafone shares surged almost 11 per cent on Friday after French telecoms billionaire Xavier Niel bought a £4.4bn stake in the FTSE 100 group from UAE-backed e& and became its largest shareholder. The deal will see Niel’s investment vehicle, Vega, acquire e&‘s entire 16.2 per cent stake for 112.5p a share – a 15 per [...]
Vodafone picks Microsoft exec for £2m finance chief role June 19, 2025 Microsoft exec Pilar López is to join Vodafone as its new chief financial officer, the telco giant said on Thursday. López replaces Luka Mucic, the company’s shortest-serving CFO, who is leaving in November for a position as chief executive of the real estate developer Vonovia. She held several positions at Microsoft including as its Western [...]
Vodafone launches next stage of £3.4bn shareholder value return plan August 7, 2024 Vodafone has launched the next stage of its share repurchase programme worth up to €500m (£430m). In March, the firm said it would return €4bn (£3.4bn) to shareholders as part of a broader capital allocation review in an attempt to appease jittery shareholders following asset sales. It kicked off the return in May with an [...]
Vodafone posts solid gains as chief Della Valle drives turnaround strategy July 25, 2024 The telco said it is still waiting for the competition regulator to rule on whether its proposal to merge its UK operations with those of Three is allowed.
Struggling Vodafone and BT to update the City on turnaround efforts May 13, 2024 A highly competitive market, heavy debts, tight regulation and dividend cuts are to blame for Vodafone and BT's poor performance.