Vodafone Share Price (VOD)

VOD - Vodafone Investor Summary

Vodafone Group PLC are a household name in many countries around the world. They are presently the leading company with regards to mobile telecommunications and aim to further expand their presence over the coming years. To date, Vodafone has subsidiary companies and partnerships throughout Europe, Africa, Pacific Asia, the Middle East and in America – making them a truly global influence within the mobile phone market. The company started as a subsidiary of Racal Electronics PLC in 1984 and became the independent company Vodafone Group PLC in 1991. They later merged with AirTouch Communications Inc but decided to keep the brand name Vodafone Group.

Worldwide, the company has over 280 million customers, many of which are customers of Vodafone's partnership companies and joint ventures. In 2008, the Group acquired a 70% share of Ghana Telecom which placed them well into the African market for the first time. Similarly 2007 saw the company purchase a number of smaller operators in various countries – a move which helped to seal their presence within specific areas. Vodafone Group PLC have continued to grow annually since their formation in 1991 and over the last few years their share price has steadily risen to complement this. Even with the current economic climate, this mobile telecommunications company is going from strength to strength and now has a total market capitalisation of around £75 billion and an annual revenue of £35 billion. They have a presence in over 70 countries worldwide and hope to expand on this throughout 2009.