Friday, December 9, 2022
For any kind of suggestion or query feel free to mail us at hello@globaldaily.in   Your online source for any kind of news   Welcome to Global Daily

Vodafone shares jump 4% after UAE group buys 9.8% stake – Times of India


LONDON: Shares in Vodafone jumped 4% in early trade on Monday after the United Arab Emirates-based telecoms company e& revealed it had bought a 9.8% stake in the British mobile operator.
Vodafone has been struggling in its more mature markets where competition and regulation have pushed prices lower, and its boss Nick Read is under pressure to boost returns.
E&, formerly known as Emirates Telecommunications Group, said it had made the investment to gain “significant exposure to a world leader in connectivity and digital services”, adding it had no intention of making an offer for the whole of Vodafone.





Source

Hits: 0

Leave a Reply

Your email address will not be published. Required fields are marked *

37 + = 43

Related Posts

Recent Posts

Supreme Court slams UPSC, gives it 7 days to form panel on Nagaland DGP | India News – Times of India
Supreme Court slams UPSC, gives it 7 days to form panel on Nagaland DGP | India News - Times of India
PM Modi seeks states’ help to organise G20 events | India News – Times of India
PM Modi seeks states’ help to organise G20 events | India News - Times of India
Developers’ claims for delayed highway projects top Rs 1 lakh crore – Times of India
Developers’ claims for delayed highway projects top Rs 1 lakh crore - Times of India
GSK Pharma bets on growing adult vaccine market | India News – Times of India
GSK Pharma bets on growing adult vaccine market | India News - Times of India
Horoscope Today: Astrological prediction for December 10, 2022
Horoscope Today: Astrological prediction for December 10, 2022
Govt seeks Parliament nod for Rs 3.3 lakh crore fresh cash spend – Times of India
Govt seeks Parliament nod for Rs 3.3 lakh crore fresh cash spend - Times of India
How Assam CM Himanta Enjoyed Traditional Pomelo Salad in a Paddy Field on a Cold Winter Noon | WATCH
How Assam CM Himanta Enjoyed Traditional Pomelo Salad in a Paddy Field on a Cold Winter Noon | WATCH
Divestment on track with dividends: Dipam secretary – Times of India
Divestment on track with dividends: Dipam secretary - Times of India
Scorpio Horoscope Today, December 10, 2022: Special family time
Scorpio Horoscope Today, December 10, 2022: Special family time
Libra Horoscope Today, December 10, 2022: Avoid taking loans
Libra Horoscope Today, December 10, 2022: Avoid taking loans

Archives

Categories

Tags

PHP Code Snippets Powered By : XYZScripts.com