Vodafone waits as Ono weighs up takeover bid February 10, 2014 VODAFONE could secure a €7bn (£5.4bn) deal to buy Spain’s largest cable operator Ono as soon as today. Ono’s owners had been planning an initial public offering (IPO) this year to capitalise on a wave of investor interest in the increasingly successful cable sector. Vodafone is reported to have tabled a €7bn takeover bid – [...]
Vodafone eyes UK broadband and TV markets February 6, 2014 VODAFONE is considering a move into the UK broadband and television market, its chief executive confirmed yesterday, while its UK mobile revenue declined for the seventh consecutive quarter. When asked about Pay-TV chief executive Vittorio Colao said: “We are watching the space. Today, there’s not an urgent need to be there. It could be different [...]
London Report: Vodafone helps FTSE eat further into 2014 losses February 6, 2014 BRITAIN’s top equity index rose for a second straight day yesterday, led by strong gains from heavyweight telecoms group which helped the market recover its poise after a recent five-day losing streak. The blue-chip FTSE 100 index, which had fallen for five straight days during the past two weeks, closed up 100.39 points, or 1.6 [...]
Vodafone sent tumbling after AT&T backs off January 27, 2014 US MOBILE giant AT&T yesterday backed away from a long-rumoured bid for Vodafone, sending the telecoms group shares lower as it promised to stay away for at least six months. In a brief statement released at the request of the UK’s takeover panel, AT&T said it “does not intend to make an offer for Vodafone”. [...]
Vodafone and Sky in deal talks January 20, 2014 VODAFONE and Sky are holding high-level discussions on how the two companies could collaborate in order to curb BT’s growing reach in the broadband sector. The two firms have discussed options including a deal on Sky’s sports and movies channels or collaborating on a broadband service, people aware of the discussions told City AM. However [...]