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VOD Vodafone Group PLC

8.45
-0.26 (-2.99%)
01 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Vodafone Group PLC NASDAQ:VOD NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.26 -2.99% 8.45 8.50 8.58 8.515 8.405 8.50 5,705,858 00:56:12

Vodafone Group Signs 10-Year Partnership With Microsoft

16/01/2024 7:52am

Dow Jones News


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By Najat Kantouar

 

Vodafone group said it has signed a 10-year strategic partnership with Microsoft to offer scaled digital platforms to businesses and consumers across Europe and Africa.

The U.K. telecommunications company said Tuesday that it will invest $1.5 billion over the next 10 years in cloud and customer-focused artificial-intelligence services developed with Microsoft.

Microsoft will also invest in Vodafone's connectivity platform, which will become a separate business by April, the company said.

"Vodafone has made a bold commitment to the digital future of Europe and Africa. This unique strategic partnership with Microsoft will accelerate the digital transformation of our business customers, particularly small and medium-sized companies, and step up the quality of customer experience for consumers," Vodafone Chief Executive Officer Margherita Della Valle said.

 

Write to Najat Kantouar at najat.kantouar@wsj.com

 

(END) Dow Jones Newswires

January 16, 2024 02:37 ET (07:37 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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