Vodafone Financial & Performance – Page 16
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Vodafone Group management update: Q1 FY19–20
Pickup seen following revenue slump, but leadership still focused on asset sales to reduce debt and preserve cash flow. Read primes stakeholders for multi-billion euro tower reorg.
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Vodafone Group awarded compensation from the UK Government
Vodafone received £740,000 in costs, after UK Government’s error assessing bids.
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Vodafone Idea looking to close M-PESA payments platform
VfI hinted at plans to close M-PESA payments platform, after booking hefty impairment charge.
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Public Affairs
Vodafone Hutchinson Australia fined for misleading billing service
VHA admitted it had made false or misleading representations about its third-party direct carrier billing service, agreeing to refund customers.
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Products & Services
Vodacom South Africa launches m-payment offering
VdSA collaborated with MasterCard to create VodaPay Masterpass.
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Vodafone Ghana and Zenith Bank begin mobile financial services partnership
VfGh and Zenith Bank begin partnership to offer mobile financial services.
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Vodafone Group on board for arms-length Oman entry
Vodafone on verge of extending Middle East presence in “strategic partnership” with local investment funds.
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Vodafone Q4 FY18-19 spend: offset on track
With well drying up and 5G costs rising, leverage reduction is focus for “next few years”. Opex savings plan ahead of schedule, says Della Valle. Fibre splurge looks over, with capex reins kept on tight.
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Vodafone Q4 FY18-19 headlines: headwinds and data fog
Little cause for cheer in top-line trends.
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Products & Services
Vodafone Q4 FY18-19
Diminishing cash wiggle-room reflected in dividend cutback. Reliance on Liberty deal increasingly in focus, as Group continues pivot towards struggling Europe Region. Questions starting to increase around lack of a growth platform.
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Vodafone’s ‘other’ division continues slide to background
Currency weakness dampens Region’s growth. Division out in the cold, with strategic plans focusing elsewhere.
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Group waiting by phone for Liberty troubleshoot
Executives dig-down for evidence of “operational” progress as top-line slumps. Revenue momentum dissipates in Germany; Spain and Italy remain in reverse. Emphasis still geared to savings rather than much-needed growth uptick.
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Public Affairs
Hutch lukewarm on VHA prospects, amid flux
Growth downplayed as VHA seeks to persuade regulators of deal logic. Huawei ban and nbn margin squeeze reiterated as pain-points.
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Vodafone’s Secure Net ‘quietly builds’ €160m top-line
CEO trumpets top-line impact from European up-selling venture.