Page 4 - Executive Nick Read News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chief Executive Nick Read said there was momentum across the business, including in its largest market Germany. "Our good trading performance underscores our confidence in the outlook for the full year," he said on Wednesday. The world's second largest mobile operator reiterated its guidance for adjusted earnings for the year to end-March of 14.4 billion to 14.6 billion euros, compared with 14.5 billion for the previous year, and to generate at least 5 billion euros in free cash flow. Vodafone's organic service revenue was down 0.4% in the second quarter and down 1.3% in the first quarter...

The telecom company swung to a pre-tax profit of £1.84 billion in H1. uCloudlink extended partnership with Vodafone Global Enterprise on Monday. Vodafone Group plc (LON: VOD) said on Monday that it pulled out of talks with Saudi Telecom Company after the largest telecom operator in the Kingdom missed multiple deadlines to fulfil the agreement that entailed it buying a 55% stake in Vodafone Egypt. Vodafone shares opened about 0.5% down on Monday and slid another 3.5% in the next hour. The British multinational now has a per-share price of 122 pence. In comparison, it had started the year 2020...