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Showing posts with label investors. Show all posts
Showing posts with label investors. Show all posts

Vodafone gives short shrift to unhappy investors

Despite disappointment over Verizon windfall, they're told firm's dividend is still best in EuropeVodafone investors unhappy with the operator's decision not to share out its £2.4 billion Verizon windfall have been told the move is in their best long-term interests. Yesterday [November 13th 2012] Britain's biggest mobile carrier reported a shock loss in the first six months of the financial year, writing off £5.9 billion from its Spanish and Italian businesses due to the prolonged recession. Continue reading

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Vodafone investors get news of dividend windfall on eve of interims

Money likely to be shared out before XmasInvestor eyes will be turning to Britain's Vodafone later today [Novemeber 13th 2012] as it unveils its interim results, though any clouds will be partially dispersed by news of a special dividend from US partner Verizon Wireless. The news, announced last night [12th November 2012] will see $8.5 billion (£5.4 billion) shared between its parents Verizon Communications and Vodafone, who respectively own 55 per cent and 45 per cent of America's second largest mobile carrier. Continue reading

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