Vodafone swings to loss after €4.5bn impairment blow May 20, 2025 Vodafone has swung to a loss after recording a €4.5bn (£3.8bn) impairment hit amid the continued poor performance of its German business. The telecoms giant posted a pre-tax loss of €1.4bn for the year to end March, compared to a profit of €1.6bn the previous year. Vodafone said the impairment charges “reflect management’s latest assessment [...]
Vodafone CFO quits to become shortest serving in FTSE 100 giant’s history May 7, 2025 The chief financial officer of Vodafone is to quit the FTSE 100 company just over 18 months after taking the job. Luka Mucic, who joined the telco’s board in September 2023, said he plans to leave “no later than” the spring of 2026, a move that would make him the firm’s shortest-serving CFO in its [...]
UK dividends slump in 2025 after cuts from Vodafone and Burberry April 28, 2025 UK dividends totalled just £14bn in the first quarter of 2024, a 4.6 per cent decline from last year, thanks to major cuts from key companies like Vodafone and Burberry. While regular dividends only fell by 0.2 per cent, a 3.3 percentage point drop in special dividends dragged down the figure, data from Computershare revealed. [...]
Vodafone axe Emma Raducanu from £3m-per-year deal, reports April 14, 2025 British tennis player Emma Raducanu has reportedly been axed from her £3m-per-year partnership with telecoms giant Vodafone. She had signed the deal in 2021 after becoming the first British woman since Virginia Wade in 1977 to win one of the four major tennis grand slams. Having claimed victory over Leylah Fernandez at Flushing Meadows at [...]
Rachel Reeves calls for action to break down gender barriers to boost growth March 6, 2025 Ahead of International Women’s Day, chancellor Rachel Reeves has called for urgent action to dismantle barriers preventing women from reaching leadership positions. Her comments follow the release of new research from Vodafone, which found that over a third of women still see gender as a barrier to career progression. “The UK is leading the charge [...]
Vodafone shares slump as headwinds grow in key German market February 4, 2025 Vodafone shares have plunged more than six per cent in early trade this morning after the FTSE 100 giant reported its third-quarter results. While the group reported overall service revenue growth of 5.2 per cent in the third quarter, beating the average analyst estimate of 4.2 per cent, it noted the migration of 1&1 customers [...]
MP seeks referral for Vodafone to covid corruption commissioner January 9, 2025 Tory MP Sir John Hayes has called for Vodafone to be referred to the Covid Corruption Commissioner over allegations listed in a multi-million-pound lawsuit
Vodafone hit with £120m legal action by UK franchisees December 11, 2024 A group of Vodafone franchisees across the UK have launched a multi-million pound legal action against the telecoms giant over "bad faith" business practices
Vodafone and Three: What £16.5bn merger actually means for customers and prices December 5, 2024 After an almost 18-month battle the UK’s largest ever telecoms deal – which will see Vodafone and Three complete a £16.5bn merger – has been given the green light. Described by Vodafone as a “once-in-a-generation opportunity to transform the UK’s digital infrastructure”, the deal has now satisfied the Competition and Markets Authority (CMA) enough for [...]
Competition watchdog approves Vodafone and Three mega merger December 5, 2024 Vodafone and Three's merger comes after 18 months of deliberation from the CMA, which had previously warned it could push up prices.