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Vodafone

  • Telecommunications
  • Over $1 billion is paid by Liberty Global for a Vodafone minority stake

    by Diana Muratov
    February 14, 2023

    February 14, 2023 By Diana Muratov

    This week, European operator Liberty Global paid more than $1 billion to acquire a minority stake in rival Vodafone. Analysts noted the transaction could pave the way for a number of other potential strategic moves, despite the company’s insistence that it wasn’t a prelude to an acquisition play. According to a press release from Liberty […]

    Filed Under: Telecommunications Tagged With: Liberty Global, Vodafone

  • Telecommunications
  • Vodafone intends to lay off hundreds of staff in the United Kingdom

    by Diana Muratov
    January 16, 2023

    January 16, 2023 By Diana Muratov

    According to the Financial Times, Vodafone is contemplating hundreds of layoffs in the United Kingdom. In a statement supplied to the Financial Times, the company stated that it is examining its operational model with an emphasis on streamlining and simplifying. More information will be provided in the company’s fiscal third-quarter 2023 earnings report, which will […]

    Filed Under: Telecommunications Tagged With: Colman Deegan, layoff, Margherita Della Valle, Vodafone

  • Telecommunications
  • CEO of Vodafone Group Nick Read resigns

    by Diana Muratov
    December 5, 2022

    December 5, 2022 By Diana Muratov

    On December 31, Nick Read will leave his position as CEO of the Vodafone Group. He will continue to serve as a board adviser until March 2023. Margherita Della Valle, the organization’s CFO, has been named the interim Group CEO and will hold both positions until a new CEO is chosen. In a statement, Vodafone […]

    Filed Under: Telecommunications Tagged With: Nick Read, Vodafone

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