Vodafone forecasts further drop in EBITDA this year

Tuesday 20 May 2014 | 08:43 CET | News
Vodafone Group forecast a further drop in EBITDA this year fiscal year, as the difficult market conditions in Europe continue and negative currency effects weigh on results. The company expects a result of GBP 11.4-11.9 billion in the year to March 2015, down from GBP 12.8 billion last year. The acceleration of capital expenditure under Project Spring will also put pressure on free cash flow, but Vodafone said it expects cash flow to remain positive, before any acquisitions or spectrum and restructuring costs. The company also targets a further increase in the dividend. For the past fiscal

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: Verizon Wireless / Vodafone Group
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Vodafone UK brings 4G services to Belfast

Published 17 Jun 2014 14:09 CET | United Kingdom
Vodafone UK plans to start rolling out 4G services to Belfast in summer 2014. In the last few months, Vodafone has expanded its ...

Vodafone UK to roll out 4G to more South of England towns

Published 09 Jun 2014 17:02 CET | United Kingdom
Vodafone UK is continuing its 4G network roll-out. It will switch on 4G in various places in the South of England over summer ...

Vodafone Germany launches World Cup data offer

Published 04 Jun 2014 16:52 CET | Germany
Vodafone Germany has announced a World Cup promotion offering customers extra mobile data. It will give customers 100 MB extra ...

Vodafone deploys Open Sure Signal units in Wiltshire village

Published 03 Jun 2014 10:56 CET | United Kingdom
Vodafone UK confirmed that Middle Winterslow in Wiltshire is the latest community selected to their own 'community-led network'. ...

Vodafone UK announces new smartphone offers

Published 23 May 2014 13:14 CET | United Kingdom
Vodafone UK has announced a series of smartphone offers, available until 30 June. It is offering the Vodafone Smart 4 mini for ...

Vodafone Australia's mobile base declines further

Published 20 May 2014 16:05 CET | Australia
Vodafone Australia saw its mobile customer base continue lower in the fourth fiscal quarter ended 31 March, losing 22,000 ...

Vodafone NZ adds 21,000 subscribers in fiscal Q4

Published 20 May 2014 14:47 CET | New Zealand
Vodafone New Zealand added 21,000 mobile subscribers during the fourth fiscal quarter, ended March 31. The operator ended the ...

Vodafone CR loses 41,000 customers in March quarter

Published 20 May 2014 14:15 CET | Czech Republic
Vodafone Czech Republic lost customers for a fifth consecutive quarter in its fiscal fourth quarter to March. Its mobile customer ...

Vodafone Ireland loses 28,000 mobile customers in Q4

Published 20 May 2014 14:00 CET | Ireland
Vodafone Ireland lost a net 28,000 mobile customers in Q4 of FY 2013/2014 to reach a total of 2.12 mobile customers at end-March, ...

Vodafone Portugal revenue down 9% in March quarter

Published 20 May 2014 12:09 CET | Portugal
Vodafone Portugal saw its service revenue for the fiscal fourth quarter to 31 March decrease 8.5 percent on an organic basis to ...

Vodafone Greece revenue down 5% in March quarter

Published 20 May 2014 12:06 CET | Greece
Vodafone Greece saw its service revenue for the fiscal fourth quarter to 31 March decrease 5.3 percent on an organic basis to the ...

Vodafone Romania service revenue up 4% in March quarter

Published 20 May 2014 11:48 CET | Romania
Vodafone Romania saw its service revenue for the fiscal fourth quarter to 31 March increase 3.8 percent on an organic basis to ...

Vodafone Turkey Q4 service revenue up 6.8%

Published 20 May 2014 11:20 CET | Turkey
Vodafone Turkey accelerated organic service revenue growth to 6.8 percent in the final quarter of its fiscal year to March, to ...

Vodafone Germany adds 52,000 mobile customers in Q4

Published 20 May 2014 11:11 CET | Germany
Vodafone Germany generated revenue of GBP 8.27 billion in the year to 31 March. Service revenue was down 6.2 percent to GBP 7.74 ...

Vodafone India quarterly service revenue up 11.9%

Published 20 May 2014 10:58 CET | India
Vodafone India reported organic service revenues up 11.9 percent year-on-year in its fiscal fourth quarter to March to the ...

Vodafone UK adds 124,000 mobile customers in Q4

Published 20 May 2014 10:58 CET | United Kingdom
Vodafone UK generated revenue of GBP 6.43 billion for the year to 31 March, with service revenue down 4.4 percent to GBP 3.23 ...

Vodafone Netherlands FY revenues down 5.6%

Published 20 May 2014 10:23 CET | Netherlands
Vodafone Netherlands reported operating revenues for its fiscal year to March of EUR 1.74 billion, down 5.6 percent on an organic ...

Vodafone Italia service revenues down 17.1% to GBP 3.86 bln

Published 20 May 2014 09:59 CET | Italy
Vodafone Italia reported a 17.1 percent decline in service revenues to GBP 3.86 billion for the year to March, due above all to ...

Vodacom Group FY subscriber base up 13.8% to 57.5 mln

Published 19 May 2014 09:15 CET | Africa
Vodacom Group said its subscriber base rose by 13.8 percent to 57.5 million in the year to 31 March, up by some 7 million new ...

Vodafone Egypt quarterly revenues lower

Published 13 May 2014 12:10 CET | Egypt
Vodafone Egypt recorded revenues of EGP 3.279 billion for its fiscal fourth quarter to March, down 1.8 percent over the previous ...

Vodafone starts arbitration in Indian tax dispute

Published 09 May 2014 09:23 CET | India
Vodafone is seeking international arbitration in a seven-year tax dispute with the government of India, The Financial Times ...

Vodafone appoints Davis non-executive director

Published 02 May 2014 11:12 CET | United Kingdom
Vodafone has appointed Sir Crispin Davis as a non-executive director with effect from 28 July. He will join the audit and risk ...

Vodafone awards media account to GroupM

Published 11 Apr 2014 10:33 CET | World
Vodafone Group has signed a global advertising contract with GroupM. This ends 17 years of working with Omnicom's OMD. The ...

Vodafone buys rest of Vodafone India

Published 11 Apr 2014 08:50 CET | India
Vodafone has acquired the remaining 11 percent in Vodafone India from Piramal Industries. The company raised its stake last month ...

Vodafone UK invests GBP 100 mln in 150 new shops

Published 03 Apr 2014 10:41 CET | United Kingdom
Vodafone UK has announced plans to boost its investment programme with the opening of 150 new shops and the creation of 1,400 new ...

Vodafone to acquire Ono for EUR 7.2 bln

Published 17 Mar 2014 08:36 CET | Spain
Vodafone has agreed to acquire Ono for a total consideration equivalent to EUR 7.2 billion (GBP 6 billion) on a debt and cash ...

Vodafone to pay off USD 5.65 bln in debt

Published 24 Feb 2014 15:18 CET | World
Vodafone Group announced plans to pay off USD 5.65 billion in debt with part of the proceeds from selling its stake in Verizon ...

Vodafone completes sale of Verizon Wireless stake

Published 21 Feb 2014 16:52 CET | United States
Vodafone Group has completed the sale of its 45 percent interest in Verizon Wireless to Verizon in a deal valued at USD 130 ...

Vodafone to expand 4G roaming to 18 countries by summer

Published 18 Feb 2014 15:38 CET | World
Vodafone said it will soon offer 4G roaming to more countries than any other mobile operator worldwide. From summer 2014, ...

Vodafone CEO sees USD 30-40 bln available for acquisitions

Published 11 Feb 2014 09:18 CET | Europe
Vodafone Group could spend up to USD 30-40 billion on acquisitions in coming years and no deal should be too big if it makes ...

Vodafone revenues down 3.6% on weak Europe, forex effects

Published 06 Feb 2014 08:45 CET | World
Vodafone Group reported revenues for its fiscal third quarter to December down 3.6 percent from a year earlier to GBP 10.98 ...

Calendar   /   Industry Events

25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct Twitter Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Digital Realty Q3
26 Oct MWC Los Angeles
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct FCC meeting
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Megacable Q3
27 Oct Twilio Q3
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Spotify Q3 2021
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
::: More Calendar Items