Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services. The company also provides consumer Internet of Things (IoT) propositions, as well as security and insurance products; mobile services; logistics, fleet management, and smart metering services; WiFi; digital services comprising mobile application development, multi-access edge computing, worker insights, AI assistant, drone detection, visual inspection, and mixed reality, as well as Vodafone Analytics platform; and traditional IT hosting services, including colocation, managed hosting, security, hosting infrastructure, and flexible computing for government. In addition, it offers integrated business communication services, as well as fixed mobile convergence services; and carrier services, as well as IoT devices comprising managed tablets and integrated terminals. Further, it offers M-Pesa, an African mobile money platform to make payments and provide financial services; Vodafone Business multi-cloud platform; and productivity solutions, as well as operates digital cloud-based television platforms. It serves private and public sector customers in the manufacturing, retail, automotive, banking finance, healthcare, smart cities and public, agriculture, transport and logistics, and energy and utilities management industries. It offers its products and services through digital and physical channels. Vodafone Group Public Limited Company has a strategic partnership with Open Fiber. The company was incorporated in 1984 and is based in Newbury, the United Kingdom.

Vodafone Group Plc демонстрирует слабые фундаментальные показатели по сравнению с отраслевыми медиа-данными. Основные мультипликаторы, такие как P/E и P/S, отсутствуют, что затрудняет оценку. Тем не менее, долговая нагрузка компании превышает медианные значения, что указывает на потенциальные риски для инвесторов. Уровень ROE, ROA и чистая прибыль остаются на нуле, что также вызывает беспокойство. Дивидендная доходность снизилась в последние годы, что может повлиять на привлекательность акций. Напротив, текущий и быстрый коэффициенты находятся выше медианных значений, что свидетельствует о ликвидности компании. Однако отсутствие роста в выручке и операционной прибыли указывает на необходимость пересмотра бизнес-стратегий. В общем, текущая финансовая картина компании вызывает негативные ожидания, что сказывается на целевой цене акций.

Vodafone Group Plc

Key Points
Alphabet, Google's parent company, was an early investor in AST SpaceMobile and currently holds 8.9 million shares.
AST SpaceMobile is a satellite company looking to provide global cellular coverage from low Earth orbit.
It aims to launch a constellation of 45 to 60 satellites for continuous coverage in key markets by the end of the year.
Many investors may know Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) as the parent company of Google, YouTube, and its artificial intelligence (AI) model, Gemini. But the company also has an investment arm that invests in high-growth companies across AI, healthcare, infrastructure, and even space.
The technology giant has a portfolio of 29 stocks, according to its most recent 13F filing, and the space company AST SpaceMobile (NASDAQ: ASTS) tops the list as its largest public stock investment, with 8.9 million shares worth $903 million as of this writing. Here's what investors need to know about the satellite company and Alphabet's investment in it.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Alphabet was an early investor in AST SpaceMobile
AST SpaceMobile is an early-stage satellite company that has moved past research and development and into commercial operations. The company is developing a global cellular-broadband network in low Earth orbit to provide high-speed connectivity to standard mobile devices.
Alphabet first invested in AST SpaceMobile through convertible notes in early 2024. Alphabet, along with AT&T and Vodafone, was an early investor in these convertible notes, which were convertible into common stock at $5.75 per share.
As part of the agreement, AST SpaceMobile could force conversion if the stock price traded at 130% above the conversion price for 30 days, which it did in early 2025. As a result, the company told shareholders, including Alphabet, that it would convert these notes into nearly 26 million shares. Alphabet's portion of this represented the 8.9 million shares that it continues to hold today.
In recent years, the company has secured major commercial and government contracts with 50 mobile operators that serve 3 billion subscribers worldwide. It has also secured contracts with the U.S. government, including a $43 million contract to support the Space Development Agency (SDA) and a $20 million contract with the Defense Innovation Unit through a prime contractor to support communications over land, sea, and air.
What's next for AST SpaceMobile in 2026
AST SpaceMobile has done a good job securing major deals with communications providers and the U.S. government. Next up for the satellite operator will be deploying its satellite constellation to enable continuous coverage across key markets in the U.S., Europe, and Japan. To accomplish this, the company aims to have between 45 and 60 satellites in orbit by the end of this year.
So far, the company has deployed six of its BlueBird satellites into space. Five of those are its smaller satellites with a 693 square-foot communications array. At the end of last year, the company launched its sixth satellite, a next-generation 2,400 square-foot model that is currently the largest communications satellite array deployed in low Earth orbit. A seventh satellite was encapsulated with Blue Origin's New Glenn launch vehicle, which was scheduled to launch this month.
Longer term, AST SpaceMobile aims to build a constellation of satellites providing continuous coverage across key markets, with the goal of deploying 90 to 100 satellites in low Earth orbit. Getting there will require significant capital, as each BlueBird satellite costs between $21 million and $23 million.
The good news for investors is that AST SpaceMobile has built up its war chest. At the end of last year, the company had nearly $2.8 billion in cash and equivalents. It raised another $1 billion in February through convertible senior notes and has $80 million in liquidity remaining under its existing at-the-money equity facility.
Is AST SpaceMobile stock right for you?
Looking ahead, analysts covering the stock expect AST SpaceMobile to generate $178 million in revenue this year, $805 million in 2027, and $2 billion by 2028. Those analysts also expect the company to turn a full-year profit by 2028.
AST SpaceMobile has strengthened its balance sheet, and management told investors during its most recentearnings callthat it is now fully funded to manufacture and launch a constellation of 100 satellites, which would be enough to provide continuous cell service across the globe. The fact that the company is now fully funded is a good sign for investors.
That said, the stock isn't cheap by any means, and it currently trades at 155 times this year's projected sales and around 81 times the company's projected 2028 earnings. For that reason, AST SpaceMobile stock is best left to aggressive investors betting on its growth ahead who can stomach the volatility that comes with it.
Should you buy stock in AST SpaceMobile right now?
Before you buy stock in AST SpaceMobile, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AST SpaceMobile wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $534,008!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,090,073!*
Now, it’s worth noting Stock Advisor’s total average return is 949% — a market-crushing outperformance compared to 192% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of March 7, 2026.
Courtney Carlsen has positions in Alphabet. The Motley Fool has positions in and recommends AST SpaceMobile and Alphabet. The Motley Fool recommends Vodafone Group Public. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Alphabet Owns 8.9 Million Shares of This Hot Space Stock. Is It a Buy?

AT&T, Inc. T introduces a Connected AI solution to expedite smart manufacturing processes. The Connected AI solution features advanced, Gen AI-powered modeling and analytics.
The solution finds out bottlenecks in the process, identifies root causes and also provides recommendations to fix them. Its integrated edge AI monitors the effectiveness of machines, figures out faults, and provides actionable insights and optimized maintenance planning. The solution comes with predictive maintenance that helps prevent problems and reduce downtime.
The solution’s AI-powered cybersecurity swiftly flags any issues, and speeds up detection and threat minimization processes. Gen-AI-powered knowledge management feature retains and retrieves institutional knowledge and uses the technical know-how at the right places to streamline operations. The feature addresses one of the key issues of the manufacturing companies, which is the loss of vast knowledge when a long-term employee retires.
The lack of a unified data sharing system and disjointed operations led to delayed insights, and reactive maintenance led to high downtime and inefficient manufacturing practices. AT&T’s leading-edge platform, which integrates 5G, edge AI and a generative AI platform, effectively addresses these issues.
The company has collaborated with industry leaders, such as MicroAI, NVIDIA and Microsoft in this venture. NVIDIA is offering fast video analytics and conversational AI capabilities. Generative AI at the edge is powered by Microsoft’s Azure Open AI. Pilot test results have shown significant improvement across several parameters.
How Are Competitors Faring?
AT&T faces competition from Verizon Communications, Inc. VZ and Vodafone Group Plc. VOD in the industrial IoT and smart manufacturing space. Verizon is rapidly expanding into private 5G networks and industrial automation solutions. Verizon is also collaborating with AWS to develop fiber and edge network infrastructure for AI applications.
Vodafone has a strong presence in the European private 5G market. The company is a major player in global IoT connectivity, automotive telematics and logistics. However, despite a strong presence in other regions, Vodafone lacks a presence in the U.S. market.
T’s Price Performance, Valuation & Estimates
AT&T’s stock has gained 2.1% over the past year against the Wireless National industry’s decline of 7.2%.
Image Source: Zacks Investment Research
Going by the forward price to earnings ratio, the company’s shares currently trade at 12.01 forward earnings, lower than the industry’s 13.14.
Image Source: Zacks Investment Research
Earnings estimates for 2025 and 2026 have moved upward in the past 60 days.
Image Source: Zacks Investment Research
AT&T currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

T Introduces Smart Manufacturing Solution: Will it Boost Prospects?

Key Points
Nio’s EV sales are soaring in China and Europe.
AST SpaceMobile will continue expanding its LEO satellite constellation.
With the S&P 500 trading near its all-time highs, it might not seem like an ideal time to invest in speculative, high-growth stocks. However, much of the index's rally was driven by a handful of mega-cap tech stocks rather than a broader mix of sectors and companies.
If we look beyond those Magnificent Seven stocks, we'll notice there are plenty of high-growth stocks that could easily double your money yet don't attract too much attention. Let's take a closer look at two of those stocks -- Nio (NYSE: NIO) and AST SpaceMobile (NASDAQ: ASTS) -- and see why they might be worth nibbling in this frothy market.
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Nio
Nio, a major electric vehicle (EV) producer in China, sells a wide range of electric sedans and SUVs. It also sells cheaper SUVs and compact cars, respectively, through its smaller Onvo and Firefly sub-brands. Nio differentiates itself from competitors with swappable batteries, which can be quickly replaced at more than 3,500 battery swap stations. It's also expanding into Europe to reduce its dependence on the saturated and fragmented Chinese EV market.
Nio's annual deliveries more than doubled in 2020 and 2021, then rose 34% in 2022, 31% in 2023, and 39% to 221,970 vehicles in 2024. For 2025, it expects its deliveries to rise by as much as 58% to 351,221 cars -- driven by Nio's premium ET-series sedans, Onvo SUVs, and Firefly smart cars. It also expects to post its first-ever profit in the fourth quarter of 2025.
From 2024 to 2027, analysts expect Nio's revenue to grow at a 30% CAGR. That's a stellar outlook for a stock that trades at less than 1 times this year's sales.
For now, Nio's valuations are likely being compressed by macro headwinds in China, persistent trade tensions between the U.S. and China, and concerns about the cooling EV market. But if Nio overcomes those issues, grows its market share in China, and continues its bold expansion there, its valuation could soar, propelling its unloved stock toward fresh all-time highs.
AST SpaceMobile
AST produces low-earth-orbit (LEO) satellites that directly beam 2G, 4G, and 5G cellular signals to smartphones and other mobile devices. These satellites can help telecom companies reach rural areas that aren't adequately covered by terrestrial cellular towers.
AST's LEO satellites mainly use low- to mid-band spectra, which deliver data at lower speeds but offer a broader range than the high-band spectra used by SpaceX's Starlink. It's already secured partnerships with AT&T (NYSE: T), Verizon (NYSE: VZ), Vodafone (NASDAQ: VOD), and Rakuten (OTC: RKUNY) to expand their 5G satellite networks. It was also recently selected as a prime contractor for the U.S. Missile Defense Agency's SHIELD program, suggesting it could diversify its business away from telecom companies and toward more government contracts.
AST launched its first five Block 1 BlueBird (BB1) commercial satellites in 2024. Last December, the company launched its first four Block 2 BlueBird (BB2) satellites, which are 3.5 times larger than its BB1 satellites and process roughly ten times as much data.
It plans to have 45-60 satellites in orbit by the end of 2026. Over the next few years, it aims to expand that constellation to 243 satellites -- but that ambitious plan requires broader FCC approval.
From 2024 to 2027, analysts expect AST's revenue to surge from just $4 million to $699 million as it launches more satellites. They also expect it to turn profitable by the final year. AST's stock might seem expensive at 34 times its projected 2027 sales, but it could grow much larger over the next few years as the LEO satellite market expands.
Should you buy stock in Nio right now?
Before you buy stock in Nio, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nio wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $414,554!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,120,663!*
Now, it’s worth noting Stock Advisor’s total average return is 884% — a market-crushing outperformance compared to 193% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of February 16, 2026.
Leo Sun has positions in Verizon Communications. The Motley Fool has positions in and recommends AST SpaceMobile. The Motley Fool recommends Verizon Communications and Vodafone Group Public. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Got $2,000? 2 Top Growth Stocks to Buy That Could Double Your Money

(RTTNews) - Vodafone Group Plc on Wednesday said it has reached a final settlement with Vodafone Idea Limited (Vi) under the Contingent Liability Adjustment Mechanism (CLAM), closing all remaining material disputes between the two companies.
The CLAM, established during the 2017 merger of Vodafone India and Idea Cellular, covered pre-merger legal, regulatory and tax liabilities. Vodafone's exposure under the mechanism was originally capped at 83.69 billion Indian rupees and later reduced to 63.94 billion Indian rupees.
Under the agreement, Vodafone will settle the CLAM through a 219 million euros cash payment and by setting aside 3.28 billion Vi shares, equivalent to a 3.03% stake.
However, Vodafone said the settlement results in no net cash outflow, as Vi will offset the 219 million euros against outstanding Vodafone Group service charges. Vodafone currently holds a 16.07% stake in Vi.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Vodafone Reaches Agreement With Vi On Ahead Of CLAM Expiry

(RTTNews) - Monday, Spirent Communications, a part of Keysight Technologies, Inc. (KEYS), announced that Vodafone Group Public Limited Company (VOD) has selected it as a partner to automate and streamline the integration of new 5G software across the latter's pan-European core voice mobile networks.
With this partnership, Vodafone expects to enhance its core voice network and deliver services to customers more quickly while maintaining quality and addressing any bugs beforehand.
Dougie Rankin, Vice President, International Sales, Spirent, commented, "By working with Spirent to fully automate its testing capabilities, Vodafone is now able to accelerate delivery of new network products, version upgrades and features to its customers, while ensuring strict compliance and benefitting from efficiency gains."
Currently, KEYS is trading at $209.05, up 0.11 percent on the New York Stock Exchange.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Vodafone Picks Spirent Communications To Streamline Pan-European 5G Networks

Key Points
AST SpaceMobile is trying to build a satellite internet constellation that beams internet directly to smartphones.
The company is generating minimal revenue right now, but has a lot of promise to grow once its constellation is turned on.
Shares of AST SpaceMobile stock have begun to recover in December, and look pricey compared to its financial potential.
Shares of AST SpaceMobile (NASDAQ: ASTS) sank 30% in November, according to data from S&P Global Market Intelligence. A disruptive mover in the satellite internet space, AST SpaceMobile is aiming to build a constellation of satellites that will beam high-speed internet directly to smartphones.
It has a promising technology, which investors are excited about. However, it currently generates minimal revenue vs. its market capitalization, making it a risky and volatile stock to own. Here's why shares of AST SpaceMobile fell last month.
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Satellite innovation, heavy upfront losses
SpaceX and its satellite internet service Starlink have changed the game, as the service can provide fast internet anywhere globally. The only problem for customers is the need to lug around a satellite terminal to get the service to work.
AST SpaceMobile believes it can solve the terminal issue, building a satellite internet constellation that can connect smartphones directly to the internet. It is doing so with gigantic satellite arrays. A new version set to launch this month is 2,400 square feet, for reference. By the end of 2026, AST SpaceMobile expects to have 45-60 satellites launched, with internet connectivity ready to go for its telecommunications partners like Verizon and Vodafone.
Today, the company has just five satellites in orbit, meaning there is much progress left to manufacture these satellites and launch them. With that being the case, it is not surprising that AST SpaceMobile stock gave back a lot of its recent gains -- the stock price has gone from under $5 in 2024 to over $70 today -- in a month where the broad stock market took a tumble.
Time to buy AST SpaceMobile stock?
In just a few short trading days in December, AST SpaceMobile has recovered a lot of its November losses. The stock is getting close to hitting its all-time high of $80 as of this writing on December 6th, 2025.
Does that mean it is time to hop back in and buy AST SpaceMobile stock? When looking at this business, it has a lot of future promise, as long as the satellite constellation and underlying technology work. With large contracts signed with smartphone carriers like Verizon, the company may be able to quickly gain millions of customers looking for direct-to-device internet. Sprinkle in some contracts with the U.S. government, and this could be a business that quickly grows to $1 billion in annual revenue.
Today, the stock has a market cap of $27 billion, which is still expensive if the company reaches these revenue milestones. It has diluted shareholders by raising money to cover its upfront spending through common stock offerings, and when combined with a rising share price, the market cap has gone into the stratosphere.
Avoid buying AST SpaceMobile stock today. The stock looks overvalued even if its business plan is a total success.
Should you invest $1,000 in AST SpaceMobile right now?
Before you buy stock in AST SpaceMobile, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AST SpaceMobile wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $540,587!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,118,210!*
Now, it’s worth noting Stock Advisor’s total average return is 991% — a market-crushing outperformance compared to 195% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of December 1, 2025
Brett Schafer has no position in any of the stocks mentioned. The Motley Fool recommends Verizon Communications and Vodafone Group Public. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why AST SpaceMobile Stock Dropped 30% Last Month

Key Points
AST stock has more than doubled this year.
The company is just starting to bring in material revenue.
The telecom sector has historically had low valuations.
AST SpaceMobile (NASDAQ: ASTS) is one of several emerging technology stocks with little or no revenue that have taken the market by storm this year. A competitor to Elon Musk's Starlink, AST SpaceMobile makes satellites that provide broadband in places traditional cell towers don't.
Through Nov. 17, the stock is up 168% this year, even after a recent pullback as the market has tumbled on fears of an AI bubble and a weakening economy.
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AST was trading in penny-stock range for much of its history, meaning it's made some early investors rich. But past performance doesn't guarantee future returns on the stock market.
Still, investors are likely wondering if the stock can keep up its dramatic bull run. On that note, let's take a look at two things investors should know about the stock.
AST SpaceMobile's track record is thin
AST shares have skyrocketed, but the gains are almost entirely based on speculation and its own forecasts.
AST is just starting to commercialize its business and recorded $14.7 million in the third quarter of 2025, primarily driven by hitting U.S. government milestones, which was more than triple what it made in all of 2024.
The company has built significant momentum, signing more than $1 billion in revenue commitments with partners like Verizon, Vodafone, and Saudi Arabia's stc Group. The company has launched its first five BlueBird satellites and expects to launch its BlueBird 6 in December.
While the business is clearly making progress, the stock has already earned a market cap of $20 billion, even though the company just started to commercialize its business. In other words, high expectations are priced into the stock, and it will likely be years before the stock's valuation reaches a reasonable level and before the company turns a profit.
Compay guidance called for $50 million to $75 million in second-half revenue, implying about $50 million in revenue in the fourth quarter. The company is aiming to have 45 to 60 satellites in orbit by the end of 2026, a significant ramp in operations. In other words, 2026 will be a major test for the stock.
The telecom industry has been a dud recently
AST's customer base is made up primarily of telecoms, and investors may want to keep valuations in perspective as the industry has been notorious for slow growth, low valuations, and large debt burdens.
AST's market cap has pulled back a bit, but Verizon, one of the telecom giants it is selling to, has a market cap of $172 billion and a price-to-earnings ratio of less than 9.
AST, of course, is growing much faster than telecom operators like Verizon, but investors should be mindful that telecom and broadband are ultimately a mature industry, and only a fraction of their revenue is going to go to satellite providers like AST.
In other words, the upside potential to AST may be more limited than investors seem to think. While there is room for the valuation to increase beyond $20 billion, there is a ceiling unless the company expands beyond broadband.
Should you invest $1,000 in AST SpaceMobile right now?
Before you buy stock in AST SpaceMobile, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AST SpaceMobile wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $615,279!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,111,712!*
Now, it’s worth noting Stock Advisor’s total average return is 1,022% — a market-crushing outperformance compared to 188% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of November 17, 2025
Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool recommends Verizon Communications and Vodafone Group Public. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

2 Things Every AST SpaceMobile Investor Needs to Know

(RTTNews) - Telecom major Vodafone Group Plc (VOD.L, VOD) reported Tuesday slightly higher pre-tax profit in its first half of fiscal 2026, while attributable profit declined from last year, despite higher revenues.
Further, for the year 2026, the company now expects to deliver the upper end of adjusted EBITDAaL view of 11.3 billion euros to 11.6 billion euros.
Vodafone added that it commenced a programme to repurchase its ordinary share capital up to a maximum consideration of 500 million euros.
The Board has announced an interim dividend per share of 2.25 eurocents, same as last year. The record date is November 21 and the dividend is payable on February 5, 2026.
For fiscal 2026, the company expects to grow the full year dividend per share by 2.5 percent.
Margherita Della Valle, Group Chief Executive, said, "In the second quarter we saw service revenue accelerating, with good performances in the UK, Türkiye and Africa, and a return to top-line growth in Germany. Based on our stronger performance, we are now expecting to deliver at the upper end of our guidance range for both profit and cash flow, and as our anticipated multi-year growth trajectory is now under way, we are introducing a new progressive dividend policy, with an expected increase of 2.5 percent for this financial year."
In the first half, profit before taxation was 2.113 billion euros, slightly higher than 2.105 billion euros last year.
Profit attributable to owners of the parent fell to 829 million euros from 1.064 billion euros a year ago. Basic earnings per share were 3.38 cents, compared to 3.98 cents a year ago.
Adjusted basic earnings per share were 6.92 cents, compared to last year's 4.84 cents.
Operating profit fell 9.2 percent year-over-year to 2.162 billion euros, with Adjusted EBITDAaL growth offset by higher depreciation and amortisation following the consolidation of Three UK, and lower other income.
Adjusted EBITDAaL grew 5.9 percent to 5.728 billion euros from 5.411 billion euros a year ago. Adjusted EBITDAaL increased 6.8 percent on an organic basis.
Total revenue increased 7.3 percent to 19.61 billion euros from prior year's 18.28 billion euros, due to strong service revenue growth and the consolidation of Three UK, partially offset by adverse foreign exchange movements.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Vodafone H1 Pre-tax Profit Edges Up; Sees FY26 Profit At Top End Of View; Starts EUR 500 Mln Buyback

AST SpaceMobile (NASDAQ: ASTS) is on a mission to eliminate dead zones through direct-to-smartphone satellite technology. Its partnerships with telecom giants like AT&T and Vodafone and its massive year-to-date gains signal that ASTS could redefine connectivity -- and reward early investors handsomely.
Stock prices used were the market prices of Oct. 23, 2025. The video was published on Oct. 28, 2025.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
Should you invest $1,000 in AST SpaceMobile right now?
Before you buy stock in AST SpaceMobile, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AST SpaceMobile wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $594,569!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,232,286!*
Now, it’s worth noting Stock Advisor’s total average return is 1,065% — a market-crushing outperformance compared to 196% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of October 27, 2025
Rick Orford has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Great News for AST SpaceMobile Investors

(RTTNews) - Ericsson (ERIC) and Vodafone (VOD, VOD.L) have announced a five-year strategic partnership to modernize Vodafone's network footprint using Ericsson's programmable network solutions across several key markets. Ericsson will be Vodafone's sole RAN vendor in Ireland, Netherlands, and Portugal, as well as a major vendor in Germany, Romania, and Egypt.
Vodafone will deploy Ericsson's state-of-the-art and Open RAN-compatible Massive MIMO radios and RAN Compute solutions, as well as 5G Advanced RAN software capabilities across their networks in these markets. The deal introduces Ericsson Intelligent Automation Platform and a number of AI-powered rApps which will be deployed market-by-market.
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