Vodafone Research Papers

Vodafone Research Papers-51
As part of our effort to improve returns, we are creating a virtual internal tower company across our European operations, and we are reviewing the best strategic and financial direction for these assets.

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“All too often, Io T devices are not set up to deliver the best results.It also aims to find the gaps in the online strategies and improve them in order to boost up the brand image of Vodafone.Group revenue of 21.8 billion and loss for the financial period of 7.8 billion, primarily due to a loss on the disposal of Vodafone India (following the completion of the merger with Idea Cellular) and impairments Organic service revenue (excluding handset financing, IAS 18 basis) up 0.8%** and Q2 up 0.5%** with good commercial and financial performance in most markets offset by increased competition in Italy and Spain Growth drivers: good momentum in fixed broadband (384,000 net adds) and convergence (616,000 net adds); Vodafone Business grew 1.0%*, led by strong growth in Io T; Emerging Consumer up 7.4%* driven by data growth Stable interim dividend per share of 4.84 eurocents; full year dividend per share expected to be in-line with FY18 Nick Read, Group Chief Executive, commented: "Our performance in the majority of our markets has been good during the first half of the year, and we have taken decisive commercial and operational actions to respond to challenging competitive conditions in Italy and Spain.Any comparison between the two bases of reporting is not meaningful.As a result, the discussion of our operating results is primarily on an IAS 18 basis for all periods presented.We are on track to reduce net operating expenses for the third year running, and we are confirming the mid-point of our EBITDA guidance range, with an increased outlook for free cash flow generation.Looking ahead, my new strategic priorities focus on driving greater consistency of commercial execution, accelerating digital transformation, radically simplifying our operating model and generating better returns from our infrastructure assets.This aspect encourages us to dig into which factors need to be considered to reach the zenith.We have focused on the international online marketing strategies that are used by telecommunication companies to establish and enhance brand image in the global market.While the promise of Io T has been bubbling away in the background for some time, it did appear to be benefits for the privileged.This is of course far from mainstream adoption, but perhaps the emergence of more commoditised products, off-the-shelf, are starting to turn heads.


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