US$12.3 TRILLION out of thin air…
And if you click here we’ll show you something that could be key to unlocking 5G’s full potential.
Before I look more closely at Vodafone, I’ll turn to some news from another telecoms firm I’ve watched for some years. It’s
TalkTalk Telecom, which released half-year results on Thursday. The results look generally positive. But everything is eclipsed by another event that renders them essentially meaningless for investors now.
TalkTalk confirmed a recommended acquisition, by Tosca IOM Limited. The deal, which has the support of the TalkTalk board, will pay shareholders 97p per share. That’s a premium of 16.4% over the TalkTalk share price on 7 October, the day the offer period commenced. As I write, you could sell TalkTalk shares for 99p on the open market, but I have no idea who’s paying over the odds for them. Anyway, let’s get back to the Vodafone share price.
UK TOP NEWS SUMMARY: Stumbling Blocks Remain In Brexit Talks - Barnier
Thu, 17th Dec 2020 11:18
(Alliance News) - The following is a summary of top news stories Thursday.
COMPANIES
WPP set out plans to return to 2019 levels of revenue growth by 2022, after stumbling in 2020, while also unveiling a new dividend policy. The advertising agency said it intends to return the core Communications business to sustainable growth and is targeting annual cost savings of GBP600 million by 2025. Of these savings, WPP plans to invest two-thirds in talent, incentives and technology to drive growth. The FTSE 100 constituent wants to supplement growth with targeted, scalable mergers and acquisitions of GBP200 million to GBP400 million annually. WPP said like-for-like revenue less pass-through costs fell 6.7% in the two months to November, with the result for 2020 expected to be in line with the year-to-date performance of an 8.4% decline. WPP is aiming for a recovery to 2019 revenue less pass