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Futures, Global Stocks Rise As Dollar Rout Accelerates

Futures, Global Stocks Rise As Dollar Rout Accelerates
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Vodafone Sales Rise After Germans Spend More on Broadband

Vodafone Sales Rise After Germans Spend More on Broadband Bloomberg 2/3/2021 © Photographer: Jason Alden Vodafone store in London, U.K. (Bloomberg) Vodafone Group Plc’s sales rose unexpectedly for the first time since March after German consumers stuck at home during the pandemic spent more on mobile and broadband services. Its shares rose 3.2%. Popular Searches The Newbury, England-based mobile carrier said third-quarter organic service revenue rose 0.4%, compared to the 0.2% decline expected by analysts.The company stuck to its guidance for full-year adjusted earnings before interest, taxes, depreciation and amortization of between 14.4 billion euros and 14.6 billion euros ($17.3 billion-$17.6 billion). Key InsightsCable customers in Germany upgraded to costlier plans during the quarter, helping to vindicate Chief Executive Officer Nick Read’s purchase of Liberty Global’s German fixed business Unitymedia.The sales gain follows two quarters of declines, which

Vodafone Considering Options For Ghana in Africa Restructure

Vodafone Considering Options For Ghana in Africa Restructure Bloomberg 1/27/2021 Loni Prinsloo and Thomas Seal (Bloomberg) Vodafone Group Plc is considering options for its Ghana business as the British telecommunications giant focuses on reorganizing and paying down debt, according to people familiar with the matter. Popular Searches The company could sell its majority stake in the unit to Johannesburg-listed Vodacom Group Ltd., in which Vodafone is the biggest shareholder, said the people, who asked to remain anonymous as the plans are still private. The West African country’s government will have to approve of any deal, they said. Spokespeople for Vodafone and Vodacom declined to comment. Ghana’s Minister of Communications Ursula Owusu-Ekuful did not respond to phone calls nor a text message seeking comment.

Vodafone weighs options for Ghana in Africa restructure

+ Vodafone Group is considering options for its Ghana business as the British telecommunications giant focuses on reorganising and paying down debt, according to people familiar with the matter. The company could sell its majority stake in the unit to Johannesburg-listed Vodacom Group [JSE:VOD], in which Vodafone is the biggest shareholder, said the people, who asked to remain anonymous as the plans are still private. The West African country’s government will have to approve of any deal, they said. Spokespeople for Vodafone and Vodacom declined to comment. Ghana’s Minister of Communications Ursula Owusu-Ekuful did not respond to phone calls nor a text message seeking comment.

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