Key takeawaysVodafone said it had agreed to sell its Italian unit to Swisscom for 8 billion euros ($8.7 billion) and would undertake a share buyback with EUR4 billion of the proceeds.The sale completes the British firm's European restructuring strategy under CEO Margherita Della Valle.Vodafone is looking into growing its B2B business, while focusing on key European markets. Vodafone Group Plc (VOD) on Friday said it had struck a deal to sell its Italian division to Swisscom AG for 8 billion euros ($8.7 bill ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Vodafone plans to return four billion euros to shareholders following the sale of its Italian and Spanish units. British telecoms giant Vodafone said Friday it has agreed to sell its Italian unit to Swisscom for eight billion euros ($8.7 billion), completing efforts to overhaul the UK group's European operations. Vodafone, which ...

Vodafone Group PLC (LSE:VOD) has signed off on the €8 billion (£6.8 billion) sale of its Italian operations to Swisscom. The debt-ridden British telecoms multinational initially confirmed talks with Swisscom on a potential sale in February as part of a major overhaul of its European footprint. "Today, I am announcing the third and final step in the reshaping of our European operations,” remarked Vodafone boss Margherita Della Valle. “Going forward, our businesses will be operating in growing telco markets - ...

Investors interested in Diversified Communication Services stocks are likely familiar with PT Telekomunikasi (TLK) and Swisscom AG (SCMWY) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estim ...

Vodafone Group PLC (LSE:VOD) said it is in exclusive discussions with Swisscom about a cash sale of its Italian arm. The debt-laden telecoms group admitted in December that it was exploring options for Vodafone Italia and rumours have suggested Swisscom was the leading candidate, as it owns broadband provider Fastweb in the country.  Today, Vodafone confirmed the pair currently are talking about Swisscom potentially buying Vodafone Italy for a total enterprise value of €8 billion (£6.8bn) excluding debt and ...

Investors interested in stocks from the Diversified Communication Services sector have probably already heard of PT Telekomunikasi (TLK) and Swisscom AG (SCMWY) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with ...

Swisscom AG (OTCPK:SWZCF) Q4 2023 Earnings Conference Call February 8, 2024 8:00 AM ET Company Participants Louis Schmid - Head, Investor Relations Christoph Aeschlimann - Chief Executive Officer Dirk Wierzbitzki - Chief Executive Officer, Residential Customers, Switzerland Urs Lehner - Chief Executive Officer, Business Customers Switzerland Walter Renna - Chief Executive Officer, Fastweb Eugen Stermetz - Chief Financial Officer Conference Call Participants Polo Tang - UBS Joshua Mills - BNP Paribas Exane G ...

n 11 / / 1 / 2 | --- | --- | |-------|----------------------------------------------------| | | | | | | | | | | | | | | Analyst and investor presentation FY 2023 results | | | 08 February 2024 | | --- | --- | --- | --- | --- | --- | |-------|---------------------------------------------|--------|-------|-------|-------| | | | | | | | | | Agenda | | | | | | | Welcome and introduction | | | | | | 1. | Successful 2023 | p3-6 | | | | | 2. | Empowering the digital future | | | | | | | as Innovators of Trust | p7 ...

Investors interested in stocks from the Diversified Communication Services sector have probably already heard of PT Telekomunikasi (TLK) and Swisscom AG (SCMWY) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks ...

The Zacks Diversified Communication Services industry appears to be mired in high capital expenditures for 5G infrastructure upgrades, unpredictable raw material prices, supply-chain disruptions amid the prolonged Russia-Ukraine war and Israel-Hamas conflict, China’s soft market conditions and high customer inventory levels. However, the industry is likely to benefit in the long run from an accelerated 5G rollout and increased fiber densification.  Nevertheless, Swisscom AG (SCMWY) , PT Telekom Indonesia (T ...