[53], On 15 April 2009, Ghana Telecom, along with its mobile subsidiary OneTouch, was rebranded as Vodafone Ghana. Vodafone Idea Limited. The Company's business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Vodafone Group Plc (NASDAQ:VOD) went up by 0.11% from its latest closing price compared to the recent 1-year high of $19.45. Vodafone Group plc (/ˈvoʊdəfoʊn/) is a British multinational telecommunications company. Registered Office: Vodafone House. [6][7][8], In 1980, Ernest Harrison, the then chairman of Racal Electronics, agreed to a deal with Lord Weinstock of the General Electric Company to allow Racal to access some of GEC's tactical battlefield radio technology. Vodafone Group pays an annual dividend of $1.07 per share, with a dividend yield of 5.73%. Financial Times, 25 July 2011, Andrew Parker, information and communication technologies, International Financial Reporting Standards, "Cellular Telephone System, Written Answers by Mr. Butcher to House of Commons (Vol 34 cc211-3W)", "Vodafone AirTouch Considers Making a Bid for Mannesmann", "Vodafone's Quest Begins With AirTouch Alliance", "Bell Atlantic and GTE Chairmen Praise FCC Merger Approval", "Timeline to Vodafone's $130 Billion Verizon Deal", TDC forms roaming partnership with Vodafone, "McLaren to lose Vodafone title sponsorship", "Vodafone acquires Bluefish Communications", "Vodafone Agrees to Buy Cable & Wireless for $1.7 Billion", "Vodafone One Step Closer To Completing Deal After CWW Shareholder Approval", "Vodafone Gets Approval for C&W Bid as Orbis Drops Opposition", "Vodafone sells Verizon stake for $130bn", "Vodafone sets end date for 3G as Project Spring ends", "Vodafone's Project Spring to pressure competitors", "Vodafone introduces new rules to stop its ads appearing alongside fake news and hate speech", "Vodafone hangs up on Libra in latest blow to Facebook's cryptocurrency", "Vodafone and Telecom Egypt announce new strategic partnership", "It's Official: STC to acquire 55 percent stake in Vodafone Egypt for $2.39 billion", "Vodafone set to stay in Egypt after STC deal collapses", Vodacom focuses on data as profit drops after debut, "Vodafone to acquire an additional 15% stake in Vodacom Group", "Vodacom rebrands, turns 'red and simple", "Vodafone buys 70% stake in Ghana mobile firm", "Access: Inserting human right into telecoms one company at a time", "Vodafone Cameroun launches the implementation of its "Youth Program, "Vodafone ends operations in Cameroon following withdrawal of license", "Vodafone Extends Partner Community With Second MTC Agreement", "Vodafone Qatar network fully restored, says company", "Vodafone Europe agrees to sell stake in Qatar joint venture for €301m", "Vodafone Qatar Premieres the Region's First 5G MiFi® Mobile Hotspot from Inseego", "Vodafone gets license to become the third operator in Oman", "Vodafone gets green light to operate in Oman", "Vodafone enters Chile via Entel partnership", "VIDEO: Vodafone Seen to Become Takeover Target for AT&T", "AT&T Gives Up Right to Bid for Vodafone Within Six Month", "SoftBank turnaround program for Vodafone-Japan", "Vodafone to Sell Back Softbank Interests for $5 Billion", "Vodafone returns to India with a 10% stake in Bharti", "Vodafone acquires Hutchison Essar stake", "Vodafone unleashes media blitzkrieg to re-brand Hutch", Vodafone, Essar Said to Split $785 million Tax Bill in India, Vodafone plans $2 billion investment to raise stake in Indian unit – FT | Reuters, "Telecom Ministry clears Vodafone – Idea merger with conditions", "Vodafone Idea rebrands itself, to go by brand name Vi", "Vodafone to link up with mobile firm in Far East", "Launch of SmarTone-Vodafone – a new brand", "Vodafone, Digicel in roaming partnership", "Vodafone launches a mobile money transfer system in Afghanistan", "Vodafone expands into Azerbaijan with Azerfon", "Chunghwa and Vodafone sign partnership agreement", "Vodafone to partner Hutchison|HongKong Business|chinadaily.com.cn", "SmarTone, M1 dropping Vodafone marketing partnerships at end of year", "Vinaphone, Vodafone ink cooperation deal", "Omnitel: l'ingresso della Olivetti nella telefonia mobile", Vodafone buys Eircell in £2.4bn all-share deal, "Vodafone, Radiolinja sign second partner contract", "Radiolinja Eesti signs partner agreement with Vodafone", "Vodafone signs network agreement with Mobilkom Austria", "Vodafone's global mobile services available in Iceland", "Vodafone signs Partner Network Agreement with Bite", "LUXGSM, Vodafone sign Partner Network Agreement", "Vodafone's Romanian, Czech cellco purchases finalised", "Connex-Vodafone: "impreuna" cu McCann Erickson", "Vodafone, BITE Latvija sign co-branding agreement", "Bill Morrow, Vodafone's Turnaround Guru, Walks Away", "Vodafone buys in to enterprise mobility", "Jersey & Guernsey Airtel to launch as Airtel-Vodafone", "Vodafone Live 'improvements' kill mCommerce", "Vodafone Portugal launches Yahoo! Item 2. As of March 31, 2019, it had approximately 650 million mobile customers, 19 million fixed broadband customers, and 14 million TV customers. [26] The merger was completed on 4 April 2000, just a few months prior to Bell Atlantic's merger with GTE to form Verizon Communications, Inc.[27], In November 1999, Vodafone made an unsolicited bid for Mannesmann, which was rejected. As one of Europe’s largest and most geographically diversified tower companies, our commanding portfolio of assets is matched by a next-generation approach to network sharing. "[201] Vodafone Group CEO Vittorio Colao said the company was obliged by law to comply with the instructions of the Egyptian government. [164], Vodafone Global Enterprise operates in over 65 countries, with "Northern Europe" (based in London, United Kingdom), "Central Europe", "Southern Europe and Africa", "Asia Pacific & Sub-Saharan Africa" (based in Singapore) and "Americas" geographical divisions. [81] And on 20 March 2017, Vodafone announced that it was merging its Indian business with Idea, India's third-largest network, to create the country's largest operator with almost 400 million customers, accounting for 35% of the Indian cellphone service market. [142] Vantage Towers is headquartered in Düsseldorf, Germany with towers infrastructure in Germany, Spain, Greece, Portugal, Czech Republic, Romania, Hungary, Italy and Ireland comprising a total of 68,000 towers. Gent was responsible for transforming Vodafone from a small UK operator into the global operator, through the merger with the American AirTouch and the takeover of Germany's Mannesmann. "[197][198] Vodafone also received public and media criticism for allowing the authorities to send mass pro-government messages via SMS over their network during the protests. The merged company commenced trading on 30 June 1999. Its registered office and global headquarters are in Newbury, Berkshire, England. [125], On 1 May 2007, Vodafone added Jersey and Guernsey to the community, as Airtel was signed as Partner Network in both crown dependencies. [55], On 23 September 2016, Vodafone extended its activities to Cameroon by signing a partnership with Afrimax, a 4G-LTE telecommunications operator in Africa. [190], In 2011, Private Eye magazine and The Bureau of Investigative Journalism alleged that Vodafone's Swiss branches were run by a single part-time bookkeeper. [102], In 2001, the Company acquired Eircell, the largest wireless communications company in Ireland, from eircom. [206], In 2019, Vodafone was rated as the UK's worst mobile network provider for the eighth year in a row, in the eighth annual survey by consumer lobby group Which?. [184], Sir Gerald Whent, at that time an Executive with Racal Electronics plc, was responsible for the bid for a UK Cellular Network licence. [162], In December 2011, it acquired the Reading-based Bluefish Communications Ltd, an ICT consultancy company. [175] Following M-PESA's success in Kenya, Vodafone announced that it was to extend the service to Afghanistan. [146] In October 2005, it began launching 3G technology in Australia. [210], In June 2014, Vodafone revealed information about their and other telecommunication operators' 'direct access systems', content data and metadata interception programmes globally. Ready?'. "[11], Vodafone was launched on 1 January 1985 under the new name, Racal-Vodafone (Holdings) Ltd,[12] with its first office based in the Courtyard in Newbury, Berkshire, and[13] shortly thereafter Racal Strategic Radio was renamed Racal Telecommunications Group Limited. [91] In January 2006, Indonesia, Malaysia, and Sri Lanka were added to the Vodafone footprint as Vodafone Group signed a partner network agreement with Telekom Malaysia. [176] The service here was launched on the Roshan network under the brand M-Paisa with a different focus to the Kenyan service. Vodafone Group Plc. [150], On 31 August 2009, VHA enabled an extended 900 MHz 3G UMTS network which functions outside their 2,100 MHz 3G network, boosting Vodafone's 3G population coverage from around 8% to around 94% on dual-band 900/2,100 MHz 3G UMTS devices. [78] In May 2011, Vodafone Group Plc bought the remaining shares of Vodafone Essar from Essar Group Ltd for $5 billion. Find the latest Vodafone Group Plc (VOD) stock quote, history, news and other vital information to help you with your stock trading and investing. [170] This was after the Director of Internet Services resigned in September 2010 tweeting "5 days before I leave Vodafone. [155] In October 2013, Vodafone began its rollout of 4G to provincial New Zealand, with the launch of the system in holiday hotspots around Coromandel. According to the UK Secretary of State for Industry, "the bid submitted by Racal-Millicom Ltd … provided the best prospect for early national coverage by cellular radio. "[200] US-based Internet intelligence firm Renesys stated, "in an action unprecedented in Internet history, the Egyptian government appears to have ordered service providers to shut down all international connections to the Internet. Alternatively, get infinite data at speeds of up to 1.5Mbps on selected Prepaid Plus plans. Vodafone is a leading technology communications company in Europe and Africa, keeping society connected and building a digital future. The Company provides pan India Voice and Data services across 2G, 3G and 4G platform. [9], Jan Stenbeck, head of a growing Swedish conglomerate, set up an American company, Millicom Inc, and approached Gerry Whent in July 1982 about bidding jointly for the UK's second cellular radio licence. It is, therefore, irrelevant in respect to global financing arrangements. Vodafone Group plc is a British multinational telecommunications company. The court listed the matter for a hearing on 8 April 2019. [37][38], On 2 September 2013, Vodafone announced it would be selling its 45% stake in Verizon Wireless to Verizon Communications for $US130 billion. Cyta agreed to rename its mobile phone operations to Cytamobile-Vodafone. It is the first commercially available 5G mobile hotspot in the region. The protests caused the closure of various stores across the UK. [66], In August 2013, Vodafone has started the MVNO operation in Brazil, as a corporative M2M operator. This increase in net debt reflects cash outflows and debt of €18.5 billion relating to the acquisition of the Liberty Global assets in Germany and Central and Eastern Europe, spectrum accruals and cash payments of €1. We are powering Europe’s digital transformation with more efficient, sustainable, high-quality and wide-reaching connectivity than ever before. Most Recent Annual Report. [77] At the same time, it agreed to sell back 5.6% of its Airtel stake to the Mittals; Vodafone would retain a 4.4% stake in Airtel. [178], In February 2012, Vodafone announced a worldwide partnership with Visa. [208], In October 2016, Vodafone was fined a record £4.6m by Ofcom for "serious" breaches of consumer protection rules. Vodafone Group PLC. The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of -15.27% each year. On 2 September 2013 Vodafone announced the sale of its stake to Verizon Communications for around $130 billion. [56] The partnership ceased to operate in September 2017 following the withdrawal of its license by the government. [45], On 29 January 2020, Saudi Telecom Company (STC) and the Vodafone Group signed a Memorandum of Understanding for the sale of Vodafone's entire 55 percent stake in Vodafone Egypt to STC. [112], In June 2005, the Company bought the Czech mobile operator Oskar[113] which was rebranded as Oskar-Vodafone. The same year, Vodafone introduced its Speechmark logo, composed of a quotation mark in a circle, with the Os in the Vodafone logotype representing opening and closing quotation marks and suggesting conversation. [98], In February 2013, Vodafone together with China Mobile participated in bidding for one of the two newly opened Myanmar Mobile licences. [92], On 10 February 2008, Vodafone announced the launching of M-Paisa mobile money transfer service on Roshan's (Afghanistan's largest GSM operator) network: Afghanistan was added to the Vodafone footprint. VODAFONE GROUP PLC VOD Company page - Search stock, chart, recent trades, company information, trading information, company news, fundamentals [99], At the beginning of September 2014, the Vietnamese mobile operator Vinaphone signed a strategic co-operation agreement with Vodafone. This was a 3 for 1 split, meaning for each share of VOD owned pre-split, the shareholder now owned 3 shares. )[32], In 2007, Vodafone entered into a title sponsorship deal with the McLaren Formula One team, which traded as "Vodafone McLaren Mercedes" until the sponsorship ended at the end of the 2013 season. The company has a secondary listing on Nasdaq. [100], Vodafone Hungary was formed as a subsidiary company in July 1999. Vodafone then went on to acquire[73] In December 2002 J-Phone's 3G network went live. The concept would be used to extend the Vodafone brand and services into markets where it does not have stakes in local operators. About Vodafone Group PLC. [42], In January 2020, Vodafone confirmed that it has pulled out of Diem Association (known as Libra Association at the time), the governing council for the Facebook-created global digital currency initiative. Nick Read - Chief Executive Officer. Vodafone Group Plc is a telecommunications company. After the deal, Swisscom would still be part of the community as a Partner Network. [189], The news of this legal tax avoidance sparked angry protests, beginning in October 2010, outside Vodafone shops across the UK, organised under the banner of UK Uncut. Its registered office and global headquarters are in Newbury, Berkshire, England. [141] The mobile towers business was named Vantage Towers on 24 July 2020. [114], On 28 October 2005, Connex in Romania was rebranded as Connex-Vodafone,[115] and on 31 October 2005, the company reached an agreement to sell Vodafone Sweden to Telenor for approximately €1 billion. Why choose Vodafone. [191], Vodafone was also assessed a US$2.5 billion tax over its acquisition of Hutchison Whampoa's Indian assets in 2007, a demand that it contests. The Company offers mobile telecommunications services including voice and data communications. [47], On 3 November 2004, the Company announced that its South African affiliate Vodacom had agreed to introduce Vodafone's international services, such as Vodafone live! [94], Nar Mobile in Azerbaijan was signed as a partner network on 22 July 2009,[95] while Chunghwa Telecom of Taiwan was signed on 12 November 2009. Its registered office and global headquarters are in Newbury, Berkshire, England. One such message requested that "honest and loyal men" should "confront the traitors and criminals". [28] Chris Gent would later say Mannesmann's move into the UK broke a "gentleman's agreement" not to compete in each other's home territory. In November 2010, Vodafone divested its remaining Softbank shares. [58], In December 2007, a Vodafone Group-led consortium was awarded the second mobile phone licence in Qatar under the name "Vodafone Qatar". VHA committed to buying back and managing its entire retail operation, including 208 Vodafone-branded retail outlets Australia-wide. Vodafone Group Plc engages in telecommunication services in Europe and internationally. Whent visited a mobile radio factory run by General Electric (unrelated to GEC) in Virginia, USA, the same year to understand the commercial use of military radio technology. [199] The Daily Telegraph of the UK reported, "The Egyptian government's action is unprecedented in the history of the internet. [147] On 5 September 2008, Vodafone purchased Australia's largest bricks and mortar mobile phone retailer Crazy John's adding 115 retail stores to its local operations. In October 2006, SoftBank changed Vodafone Japan's name to 'SoftBank Mobile'. Vodafone Group PLC provides wireless communication services. [10] Final ownership of Racal-Millicom Ltd was 80% Racal, with Millicom holding 15% plus royalties, and the venture firm Hambros Technology Trust holding 5%. Mr. Thomas is a pioneer in the Wireless industry. The firms offers mobile services that enable customers to … The thirty-fifth Annual General Meeting (‘AGM’) of Vodafone Group Plc was held at the Royal Lancaster London, Lancaster Terrace, London W2 2TY on Tuesday, … Following the siding of the Indian court with Vodafone in 2012, the government changed the law to allow firms to be retrospectively taxed. [18], In July 1996, Vodafone acquired the two-thirds of Talkland it did not already own for £30.6 million. [117] On 22 February 2006, the Company announced that it was extending its footprint to Bulgaria with the signing of Partner Network Agreement with Mobiltel, which is part of the mobilkom Austria group. [122], On 5 October 2006, Vodafone announced the first single-brand partnership with Og Vodafone which would operate under the name Vodafone Iceland,[123] and on 19 December 2006, the Company announced the sale of its 25% stake in Switzerland's Swisscom for CHF4.25 billion (£1.8 billion). [74] On 17 March 2006, Vodafone announced an agreement to sell all its interest in Vodafone Japan to SoftBank for £8.9 billion, of which £6.8 billion will be received in cash on closing of deal. [143][144], In October 1993 Vodafone Australia's network went live. Vodafone Japan later changed its name to SoftBank Mobile. (i.e., TDC Mobil-Vodafone etc. [3] Its Vodafone Global Enterprise division provides telecommunications and IT services to corporate clients in 150 countries.[4]. Vodafone Group Plc ⫶ Preliminary FY20 Results 3 Net debt as at 31 March 2020 was €42. [149] On 19 June 2009, Vodafone-Hutchison Australia (VHA) announced the end of its outsourcing of retail operations. On 1 October 2003, J-Phone became 'Vodafone Japan', and J-Phone's mobile internet service J-Sky became Vodafone Live!. 0 billion as at 31 March 2019. In Ireland, from eircom on 24 July 2020 October 2003, J-Phone 'Vodafone! 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