Vodafone Group is slashing jobs and simplifying its corporate structure. South Africa’s Vodacom Group is not affected by the layoffs.
Browsing: Vodafone
Vodacom Group reported a 6.4% drop in full-year profit due to load shedding and operational activities.
Vodafone Group said that the CEO of its biggest shareholder will join the board as its Emirati backers gain more sway over the company’s strategy.
MTN Group is in advanced talks with Axian Group to sell some of its West African markets, sources say.
Vodafone Group’s biggest shareholder said it’s considering increasing its stake to ensure it has influence over the company’s future.
Vodafone and CK Hutchison are close to agreeing to a £15-billion combination of their UK businesses.
The board of Vodafone Group has chosen 29-year company veteran Margherita Della Valle to be its next CEO.
Vodafone Group’s Spanish business is attracting takeover interest from potential buyers, sources said.
Options could include merging the business with other operators or selling a stake in the company.
Deutsche Telekom, Orange, Telefónica and Vodafone’s plan to take on Big Tech with their own advertising joint venture is set to win unconditional EU antitrust approval.