preview

Vodafone : The World's Largest Telecommunications Companies

Better Essays

Vodafone groups Plc is one of the world’s largest telecommunications companies, it headquartered in London, and its registered office is Newbury, Berkshire, UK. Vodafone was a subsidiary company of “Racal Electronics plc”, and it was named “Racal Strategic Radio Ltd” until it became an individual company since September 1991. The name of Vodafone came from “voice date fone”. Vodafone was an advanced developer in the area of telecommunications, in 1992, on year after it de-merge from Racal, it got the world’s first international GSM roaming contract, and in 1994, it became the first network operator in the UK to launch date, fax and text messaging services over the digital network.
In recent years performance, Vodafone had a significant improvement, its revenues was 41bn pounds from 2008-2009, rose to 46.4bn pounds between the annual years 2011-2012. Vodafone’s internet covered around 30 countries with over 250,000 base station sites and it employed over 8,00 people across the UK. Vodafone’s share dividend rose around 74 % (compare the share dividend between 2008-2009 and 2011-2012), but dropped from 13.52p 2011-2012 to 10.19p 2012-2013.
1.2 Business working and future planning
Vodafone sold 45% of its Verizon Wireless share, resulted a $130bn (80bn pounds) deal, recorded as the third biggest transaction between two companies. Part of the cash would be in shareholders’ pocket (54bn pounds), and Vodafone would allocate the cash remained into its 4G broadband internet

Get Access