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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.18 | -1.85% | 9.57 | 9.57 | 9.58 | 9.6391 | 9.49 | 9.61 | 5,070,279 | 18:38:38 |
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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