Vodafone Group plc

Vantage Towers, the mobile infrastructure company spun out of Vodafone Group, on Wednesday announced its intention to float on the Frankfurt Stock Exchange by the end of March.

Vantage Towers, the infrastructure business spun out by Vodafone, said on Monday it had expanded its tower portfolio as it confirmed its outlook ahead of its expected initial public offering in Frankfurt.

Vodafone's Vantage Towers infrastructure company reaffirmed its target to produce pro-forma free cash flow of 375-385 million euros in the 2021 financial year in an update ahead of its listing as a standalone company in Frankfurt.

The FTSE 100 slipped on Wednesday, as falls in healthcare stocks offset gains elsewhere driven by investors' hopes that mass vaccinations would accelerate an economic revival, while Vodafone jumped after its earnings beat estimates.

* Shares up 4.9% (Recasts, adds further CEO comments, updates shares)

Vodafone, the world's second largest mobile operator, said organic service revenue returned to growth in its third quarter, with a rise of 0.4% soundly beating analysts' expectations for a fall of 0.1%.

Vodafone said it would put its 50% stake in Cornerstone, its UK towers joint venture with Telefonica, into its new European infrastructure unit Vantage Towers after reaching a new commercial agreement with the Spanish company.

Vodafone said it would put its 50% stake in Cornerstone, its UK towers joint venture with Telefonica, into its new European infrastructure unit Vantage Towers after reaching a new commercial agreement with the Spanish company.

India has challenged in Singapore an international arbitration court's verdict against it over a $2 billion tax claim involving Vodafone Group Plc , a senior government official told Reuters on Thursday on condition of anonymity.

India has challenged in Singapore an international arbitration court's verdict against it over a $2 billion tax claim involving Vodafone Group Plc , a senior government official told Reuters on Thursday on condition of anonymity.

* Tender offer to buy out minority shareholders at 103 euros/share

Vodafone Group on Tuesday offered to buy the remaining shares in Kabel Deutschland Holding , which it does not already own, in a deal aimed at capping remaining risks from a long-running legal battle over its 2013 takeover of the company.

Vodafone said on Monday that operations on its German mobile network were returning to normal after the failure of control equipment caused a widespread outage lasting more than three hours.

Vodafone said on Monday that operations on its German mobile network were returning to normal after the failure of control equipment caused a widespread outage lasting more than three hours. (Reporting by Douglas Busvine Editing by Michael Nienaber)

Vodafone's mobile network was out of service in several large German cities on Monday, according to tracking site Downdetector https://xn--allestrungen-9ib.de/stoerung/vodafone.

UK's Vodafone Group and Japanese trading house Sumitomo Corp will collaborate on international technology infrastructure and digital services projects, the companies said on Thursday, without providing further details on the alliance.

Vodafone's European towers spin-out Vantage Towers said it had 1 billion euros available for acquisitions and could increase its firepower after its planned listing in Germany early next year.

Vodafone's European towers unit, which is currently gearing up for a stock market listing, on Tuesday said its expects adjusted core earnings of up to 540 million euros ($640 million) next year.

Vodafone, the world's second largest mobile operator, nudged up its earnings outlook on Monday, saying it was increasingly confident after a "resilient" first half, despite the impact of COVID-19 obscuring its underlying momentum.