Vodafone

Vodafone

Invest in Vodafone or trade Vodafone stock via CFD

 

Vodafone Group plc. Is a multinational telecommunications conglomerate that is based in the U.K. It operates services in the regions of Europe, Africa, Asia and Oceania. The company ranked 4th in terms of number of mobile customers globally. Vodafone offers a range of mobile services and consumer products. The U.K. based company also provides converged telecommunications solutions. The telecommunications conglomerate has a primary listing on the London Stock Exchange. Vodafone is one of the constituents of the FTSE 100.

Vodafone Stock Overview

The U.K based company had a market capitalization of 53.06 billion pounds as of 29th November 2019. The Vodafone decided to went public in September 1988 on the London stock exchange with 20% of its stock floated. The cost of each share at that time was 332 pounds.  Vodafone’s secondary listing is on the NASDAQ. The U.K. based company has had 4 stock splits. The latest split took place in February 2014. This was a 4905 for 5000 reverse split. This means an investor who owns 5000 shares of the company will have 4905 stocks after split.

The Vodafone was started by a subsidiary of Racal Electronics called Racal Strategic Radio Ltd. It was U.Ks biggest military radio making company which later collaborated with Millicom and both started a joint venture called RACAL which later became present day Vodafone.

The Vodafone group have very diversified businesses ranging from the main business i.e to provide telecommunication and information technology services to large companies to hardware product like mobile and internet devices to services like mobile money transfer.  And Vodafone have also announced it new business unit focused on networking technologies to healthcare.

Factors affecting Vodafone Stock

Legislative Policy Changes- as the company operates in more than 150 countries. There are many laws related to telecommunication and general protection of users data and company have to follow and operate in accordance to these laws. Any change in the laws can seriously affect the revenue of the company.

Competitor’s Performance

Vodafone have a huge list of competitors like BT Group, China mobile, Verizon, Deutsche Telekom AG, Softbank, Airtel and Jio. 89. The competition in telecom sector has been raising to a new level Vodafone uses different strategies such as differentiation, cost leadership to outperform his competitor’s

Periodic Earnings Reports

The Vodafone fiscal year runs from March to February and the company releases quarterly earnings report for their shareholder’s to keep them inform regarding the financial condition of the company and future plans

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