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Stock Market & Financial Investment News

News Breaks
January 3, 2014
07:28 EDTVODVodafone in talks for Tata Teleservices, Economic Times reports
Vodafone is in early talks with the Tata Group to buy its controlling stake in Tata Teleservices to create India's largest telco by subscribers, reports the Economic Times. Reference Link
News For VOD From The Last 14 Days
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March 26, 2015
12:53 EDTVODVodafone India acquires spectrum in 12 telecom circles for INR 258.1B
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March 23, 2015
06:10 EDTVODBT Group plans to announce BT Mobile 4G network this week, Telegraph reports
BT Group (BT) is said to be planning to announce the launch of its own 4G network this week, The Telegraph reports. The service, BT Mobile, will initially be offered to the company's 7.6M broadband subscribers and will compete with offerings from O2 (TEF) and Vodafone (VOD). Reference Link
March 19, 2015
12:44 EDTVODVodafone signs letter of intent for stake in Metroweb, Bloomberg says
Vodafone has signed a letter of intent to buy a stake in Metroweb from F2i Sgr, reports Bloomberg, citing three people with knowledge of the matter. The letter of intent does not state financial terms but two of the sources say Vodafone may fund a capital increase for as much as $532M in Metroweb's Sviluppo unit. The sources add that Vodafone stipulated that no single phone-service company gains majority control of Metroweb. Reference Link
March 16, 2015
07:37 EDTVODVodafone outlook still positive, says JPMorgan
JPMorgan says that euro weakness and uncertainties relating to the Indian spectrum auction have caused Vodafone's stock to underperform. But the firm believes that, in April, attention should shift to Vodafone's full-year results and its improving outlook in Europe while the company should resume growing in 2H15. The firm keeps an Overweight rating on the shares.

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