The new boss of Vodafone slashed the mobile operator's dividend on Tuesday,...
LONDON - The new boss of Vodafone slashed the mobile operator’s dividend on Tuesday, reversing a pledge to maintain the payout in order to secure enough firepower to build 5G networks and complete its acquisition of Liberty Global assets.
The company cut the full-year dividend to 9 eurocents a share from 15.07 eurocents in its financial 2018 year and below the 14.55 eurocents that had been expected. The stock has fallen 37 percent in the last 12 months as investors fret about the cost of acquiring Liberty Global’s cable assets in Germany and some other eastern European markets, the outlay on new spectrum for 5G services and tougher conditions in some European markets.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Vodafone offloads New Zealand business to Brookfield, Infratil for $2.36 billionVodafone Group Plc said on Monday that it had agreed to sell its New Zealand bus...
Lire la suite »
A new tariff on Mexican fresh tomatoes starts Tuesday. Get ready for prices to skyrocket.Say goodbye to the 22-year-old Tomato Suspension Agreement, which required tomato growers in the U.S. and Mexico to agree to a minimum price for imports.
Lire la suite »
Vodafone offloads NZ business to Brookfield, Infratil for $2.36 billionVodafone Group Plc said on Monday that it had agreed to sell its New Zealand bus...
Lire la suite »
British telco giant Vodafone offloads NZ business to Brookfield, InfratilVodafone Group Plc on Monday agreed to sell its New Zealand business for NZ$3.4 ...
Lire la suite »
Amazon opened its first cashierless store in New York, but customers can still pay in cash after a backlashAmazon Go opens its doors to New York shoppers on Tuesday.
Lire la suite »
Google debuts privacy controls, principles at I/O eventAlphabet Inc's Google business on Tuesday announced new privacy controls fo...
Lire la suite »
New York City Has a New Way to Teach MathNew York City is pushing a math curriculum for the coming fall that some public school teachers say doesn’t focus enough on teaching the concepts underlying the subject.
Lire la suite »
Tyra Banks On Her New Sports Illustrated Cover: 'This Is A New Me''This is a new me, this is an older me, this is a thicker me, this is a wiser me, this is a thankful me.'
Lire la suite »
U.S. measles outbreak grows with 75 new cases, mostly in New YorkU.S. health authorities recorded 75 new cases of the measles in the latest week,...
Lire la suite »
Tyra Banks Says Her Return To The Sports Illustrated Cover At 45 Sends An Important Message'This is a new me, this is an older me, this is a thicker me, this is a wiser me, this is a thankful me.'
Lire la suite »