News and opinion on public works procurement
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 […]
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 […]
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 […]