(Alliance News) - Telefonica SA on Friday said it has started a new joint company to commercialise the fibre to the home network with Vodafone ONO SAU, known as Vodafone Spain. Read More
Zegona Communications PLC - London-based investor in Europe's telecommunications, media and technology sectors - Reports fourth-quarter financial results for Vodafone Spain, which Zegona bought from Vodafone Group PLC in May 2024. Revenue in the three months that ended December 31 is up 1.1% to EUR913 million from EUR903 million in the third quarter. This boosts earnings before interest, tax, depreciation and amortisation, after lease expenses and less capital expenditure, to EUR175 million from EUR174 million. Fixed broadband lines increase to 2.77 million in the fourth quarter from 2.76 million in the third, while mobile lines decrease slightly to 13.51 million from 13.53 million. Zegona says cost control and customer reinvestment are key focus areas, and cash flow is management's "top priority". The long-term debt of Zegona Holdco Group is EUR3.8 billion on December 31, unchanged from September 30. Cash held is EUR260 million. Read More
(Alliance News) - Unilever PLC on Thursday outlined listing plans for its Ice Cream business, as it warned of a "slower start" to the new financial year after better-than-expected sales in 2024. Read More
(Alliance News) - Relx PLC on Thursday reported increased earnings in 2024 as demand for its analytics and decision tools continued to rise. Read More
(Alliance News) - The FTSE 100 closed lower on Tuesday, while sterling rose, as investors assessed the latest fall-out from the ongoing tariff saga. Read More
(Alliance News) - London's FTSE 100 moved off session lows but was still in the red midday Tuesday, with tariff worries stifling its progress, though European peers outperformed. Read More
(Alliance News) - Vodafone Group PLC on Tuesday said it saw growth in revenue for the third quarter, driven by an uptick in UK income and group service revenue. Read More
(Alliance News) - Stock prices in London got off to a tepid start on Tuesday, as updates from Diageo and Vodafone failed to impress, while trade worries continued to knock investor confidence. Read More
(Alliance News) - London's FTSE 100 is called to open in the red on Tuesday, with simmering trade war worries set to weigh on the blue-chip index again. Read More
Zigup PLC - Darlington, England-based company offering a range of mobility solutions including vehicle rental and fleet management - Appoints Rachel Coulson as its new chief financial officer, succeeding Philip Vincent, who will leave his role on March 28. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
Redcentric PLC - Harrogate, England-based data management company - Names new Chief Executive Officer Brian Woodford, following the resignation of Peter Brotherton. Read More
(Alliance News) - Vodafone Group PLC on Friday said it increased its stake in India's Vodafone Idea Ltd as it sold its remaining stake in another company. Read More
(Alliance News) - London's FTSE 100 is seen opening lower, with UK bond market nerves and US interest rate worries front-and-centre before a nonfarm payrolls report later. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Wednesday morning and on Tuesday: Read More
Vodafone Group PLC - Newbury, England-based telecommunications provider - Completes sale of its Italian operations to Swisscom AG for EUR8.0 billion. As part of the agreement, Vodafone will continue to provide some services to Vodafone Italy for up to five years. Vodafone says proceeds from the sale will be used to reduce net debt with a target to return up to EUR2.0 billion to shareholders once the current buyback programme has completed. Read More
(Alliance News) - London's FTSE 100 is set to open the year in the green, with a series of manufacturing purchasing managers' index readings the first hurdle for equities in 2025. Read More
(Alliance News) - Swisscom AG on Friday said it received clearance for the acquisition of Vodafone Italia. Read More
(Alliance News) - Stock prices in London closed lower on Friday, with US import and export prices showing sharp increases and the UK government planning new measures to support onshore wind farm projects. Read More