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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vodafone Group Plc | LSE:VOD | London | Ordinary Share | GB00BH4HKS39 | ORD USD0.20 20/21 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.38 | -0.56% | 67.54 | 67.44 | 67.48 | 68.06 | 67.02 | 68.02 | 69,450,344 | 16:35:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Radiotelephone Communication | 45.71B | 11.84B | 0.4372 | 1.54 | 18.27B |
By Kyle Morris
Vodafone Group PLC said Monday that it is in discussions with CK Hutchison Holdings Ltd. in relation to a possible combination of Vodafone and Three in the U.K.
The U.K. telecommunications company said the potential deal would combine the U.K. businesses, with Vodafone owning 51% and CK Hutchison owning 49%.
By combining our businesses, Vodafone and Three will gain the necessary scale to accelerate the rollout of full 5G in the U.K., Vodafone said, adding it will also expand broadband connectivity to rural communities and small businesses.
There can be no certainty that any transaction between the two companies will ultimately be agreed, it added.
Shares in Vodafone at 1022 GMT were up 2.62 pence, or 2.6%, at 103.74 pence.
Write to Kyle Morris at kyle.morris@dowjones.com
(END) Dow Jones Newswires
October 03, 2022 06:45 ET (10:45 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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