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Stock Market & Financial Investment News

News Breaks
March 14, 2014
06:33 EDTVODVodafone close to reaching deal to buy Spain's Ono, Reuters says
Shareholders of Spanish cable company Ono are close to finalizing a deal with Britain's Vodafone on a bid to acquire the cable group for close to $10B including debt, according to Reuters, citing a source familiar with the matter. The source said, "The final details of the bid are being negotiated, for now Ono has delayed the presentations linked to the IPO to give breathing room for the negotiations, and a preliminary agreement could even be reached this Friday." Reference Link
News For VOD From The Last 14 Days
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March 30, 2015
13:38 EDTVODVodafone to enable NFC payments using Visa cards, NFC World says
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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

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