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Vodafone CEO Nick Read is to leave the company after four years of holding the top job

Vodafone CEO Nick Read to step down after four years

Nick Read will step down as Vodafone chief executive by the end of the year, ending a four-year tenure during which the British telecom group's share price has nearly halved.

Business • 05 Dec 22

Vodafone reported a 2.6% decline in adjusted earnings in its first six months

Vodafone cuts full-year forecasts amid higher costs

Vodafone has today cut its full-year free cash flow forecast by €200m and said earnings would come in towards the bottom of its range, reflecting a worsening global macroeconomic climate and higher energy costs.

Business • 15 Nov 22

Today's deal will create a locally-owned telecoms leader in Hungary, Vodafone has said

Vodafone to sell Hungarian business for $1.8 billion

Vodafone will sell its Hungarian business for 715 billion forints ($1.8 billion) in cash, it said today, in a deal that will create a locally-owned telecoms leader in the central European country.

Business • 22 Aug 22

Vodafone has today reported annual adjusted core earnings of €15.21 billion

Vodafone warns inflation to hamper earnings, deal talks

Rising inflation and a tough economic backdrop will hold back Vodafone's earnings this year and could complicate its dealmaking efforts, the mobile phone group warned today.

Business • 17 May 22

United Arab Emirates-based telecoms company e& revealed it had bought a 9.8% stake in the British mobile operator

Vodafone shares up after UAE group buys 9.8% stake

Shares in Vodafone jumped 4% in early trade today after the United Arab Emirates-based telecoms company e& revealed it had bought a 9.8% stake in the British mobile operator.

Business • 16 May 22

Anne O'Leary, CEO of Vodafone Ireland, said the third quarter marked another positive quarter for the company

Vodafone Ireland's Q3 services revenues up 2%

Telecoms group Vodafone Ireland said its service revenue for the third quarter rose by 2% to €207m on the back of continued growth in mobile and fixed broadband services.

Business • 02 Feb 22

Anne O'Leary, the CEO of Vodafone Ireland

Vodafone Ireland's quarterly service revenue up 0.8%

Vodafone Ireland said its service revenue for the second quarter of 2021 rose by 0.8% to reach €203m.

Business • 16 Nov 21

Vodafone said it was on track to deliver its full-year targets of €15-15.4 billion in adjusted earnings

Vodafone posts 3.3% rise in first quarter revenue

Mobile operator Vodafone has reported a better-than-expected rise in first-quarter service revenue as more stores reopened and tourism made a tentative return following last year's Covid-19 disruption.

Business • 23 Jul 21

Vodafone's adjusted earnings fell by 1.9% to €7 billion on a 2.3% drop in group revenue to €21.4 billion for the six months to the end of September

Vodafone says increasingly confident after resilient H1

Vodafone Group, the world's second largest mobile operator, said it was increasingly confident about its full-year performance after a "resilient" first half, despite underlying momentum being obscured by the impact of Covid-19.

Business • 16 Nov 20

Last month Vodafone agreed to sell its 55% stake in Vodafone Egypt for $2.4 billion to Saudi Telecom Company

Vodafone to remove Huawei from core of European network

Vodafone will remove Huawei technology from the core of its European networks after the UK's decision to restrict the Chinese company's role in 5G and new EU guidelines on the firm's equipment, CEO Nick Read said.

Business • 05 Feb 20

Vodafone said its organic core earnings rose 1.4% in the half of the year

Vodafone's future in India in doubt after court ruling

Vodafone said its future in India could be in doubt unless the government stopped hitting operators with higher taxes and charges.

Business • 12 Nov 19

Vodafone is planning to shut 15% of its 7,700 stores in Europe but none in Ireland

Vodafone to close more than 1,000 shops in Europe

Vodafone will shut 15% of its 7,700 stores in Europe and upgrade some of the remaining outlets as customers buy more online and change their expectations of in-store shopping, chief executive Nick Read said.

Business • 09 Oct 19

Vodafone said it expects around 3% growth in underlying adjusted core earnings for the full year

Vodafone 'pauses' Huawei deployment in core network

Vodafone said it was "pausing" the deployment of Huawei equipment in its core networks until Western governments resolve concerns about the Chinese company's activities.

Business • 25 Jan 19

Vodafone's new CEO Nick Read said he would reduce operating costs by €1.2 billion by 2021

Vodafone's new CEO to cut costs, review tower assets

Vodafone's new chief executive Nick Read said he would reduce operating costs by €1.2 billion by 2021 and review its tower assets to drive higher returns at the world's second largest mobile operator.

Business • 13 Nov 18

Vodafone chief executive Vittorio Colao will step down in October after 10 years in the post

Vodafone's Vittorio Colao to step down in October

Vodafone CEO Vittorio Colao will step down in October after 10 years in which he reshaped the world's second largest mobile operator into a digital communications powerhouse with a string of major deals.

Business • 15 May 18

Nick Read