Vodafone Group Stock News

The group is dialing up its cost-savings target for its U.K. unit VodafoneThree, saying it expects the business to be a key driver of the group's its midterm ambitions.

Deutsche Bank has raised its target price for Vodafone Group PLC (LSE:VOD), the telecommunications group, to 160p from 150p and kept a 'buy' rating as it sees fewer risks weighing on the shares. The bank said Vodafone's valuation now places greater emphasis on remaining risks than potential rewards, despite the shares delivering more than 50% in total shareholder return over the past year.

The FTSE 100 Index has remained inside a narrow range in the past few weeks. It has slipped by 2.55% from its highest point this year to the current 10,708.

Deutsche Telekom , Orange , Vodafone Group ​and Telefonica are in early ‌talks to create a consortium to bid on satellite spectrum and offer direct-to-mobile ​services, Bloomberg News reported on ​Monday, citing people familiar with the ⁠matter.

Vodafone share price has done well in the past few years and is now hovering around its highest level since 2018 as the turnaround strategy pays off. VOD jumped after the management unveiled a plan to launch a TV service as it seeks to challenge its top rivals.

SEATTLE--(BUSINESS WIRE)-- #AI--Hiya, a global leader in AI-powered voice protection and identity, today announced that Hiya Connect is now available to eligible Vodafone customers in Ireland, extending Branded Calling to a new market. Using Vodafone's CAMARA-based Branded Calling platform, Hiya Connect allows approved businesses to display their name when they call an eligible Vodafone custome...

Vodafone share price continued the recent recovery after the company published strong financial results and boosted its guidance. VOD jumped to 120p, up by 23% from its lowest level this month.

The U.K. telecommunications company said its key earnings metric should come in at the upper end of the new outlook.