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Stock Market & Financial Investment News

News Breaks
July 3, 2014
06:25 EDTVODVodafone, ESB invests GBP 450M in fibre broadband network in Ireland
ESB and Vodafone signed a joint venture agreement to invest GBP 450M in building a 100% fibre-to-the-building broadband network offering speeds from 200 Mbps to 1000 Mbps. Ireland will become the first country in Europe to utilise existing electricity infrastructure on a nationwide basis to deploy fibre directly into homes and businesses, initially reaching 500,000 premises in 50 towns. Subject to European Commission approval, the 50:50 joint venture will begin rolling-out the new network across Ireland in the coming months, with the first customers able to avail of 100% fibre broadband from the start of 2015. The initial phase of the project is expected to be fully rolled-out by the end of 2018, with scope for a second phase under the joint venture. Reference Link
News For VOD From The Last 14 Days
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September 2, 2014
10:24 EDTVODVodafone speculated as takeover target for Softbank, Nikkei says
Since SoftBank (SFTBF) abandoned its pursuit of Sprint (S), some observers have suggested the company shifted gears to pursue another acquisition, Vodafone (VOD), instead, with one SoftBank executive quoted by the Nikkei Asian Review as having said, "I wouldn't be surprised if our CEO acquired Vodafone, since we are no strangers to each other." Shares of Vodafone have come off their earlier lows and turned positive in early trading in New York following the circulation of the Nikkei report. Reference Link
August 22, 2014
10:15 EDTVODVodafone rallies amid reports of AT&T takeover bid, FT says
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07:11 EDTVODAT&T may mount bid GBP3 per share bid for Vodafone, Daily Mail reports
AT&T (T) is working on a cash bid worth over GBP3 per share for Vodafone (VOD), according to the Daily Mail. The publication says China Mobile (CHL) may be interested in taking a stake in Vodafone of up to 20%. Reference Link
August 20, 2014
05:20 EDTVODEricsson to upgrade Vodafone Australia network
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