Vodafone Group ADR Representing 10 Ord Shs VOD

Communication Services Telecom Services

Vodafone Group Plc is a United Kingdom-based telecommunications company. The Company operates mobile and fixed networks in about 17 countries and has stakes in a further five countries through its joint ventures and associates. Its business consists of infrastructure assets, shared operations, growth platforms and retail and service operations. Its retail and service operations are split across three broad business lines: Europe Consumer, Vodafone Business and Africa Consumer. It provides a range of mobile and fixed line connectivity services in its European markets. It serves private and public sector customers of all sizes with a range of connectivity services, supported by its global network. It provides a range of mobile services. Together with VodaPay super-app and the M-Pesa payment platform, it is a provider of financial services, as well as business and merchant services in Africa. Its added services include consumer IoT propositions, as well as security and insurance products.

NDAQ:VOD - Post by User

Vodafone Group ADR Representing 10 Ord Shs

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Post by prestedon Mar 15, 2024 12:25pm

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Cut dividend in half, selling Italian operation

The effect of the announcement that they would cut the dividend in half next year is negative for sure, but the sale of the Italian operation for 8 billion Euros, following the sale of the Spanish operation for 5 billion, means they will be better suited to profit making, and the growth will be with the UK Three.
I like pro-active management that is not afraid to make bold steps to improve shareholder value in the long term. GLTAL

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