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Vodafone ( (GB:VOD) ) has issued an update.
Vodafone Türkiye has acquired 100 MHz of spectrum in a 5G auction for $627 million, aiming to launch 5G services in 2026 and drive digital transformation in Turkey. The acquisition includes spectrum in the 700MHz and 3.5GHz bands, with payments spread over three years, and provides long-term market stability with renewed spectrum licenses.
The most recent analyst rating on (GB:VOD) stock is a Hold with a £0.85 price target. To see the full list of analyst forecasts on Vodafone stock, see the GB:VOD Stock Forecast page.
Spark’s Take on GB:VOD Stock
According to Spark, TipRanks’ AI Analyst, GB:VOD is a Neutral.
Vodafone’s overall stock score reflects significant financial challenges, particularly with declining revenues and profitability. However, positive guidance and strategic initiatives from the earnings call provide some optimism. Technical indicators and valuation metrics suggest caution, with mixed signals and a negative P/E ratio.
To see Spark’s full report on GB:VOD stock, click here.
More about Vodafone
Vodafone is a leading telecoms company in Europe and Africa, serving over 355 million mobile and broadband customers across 15 countries. The company is involved in undersea cable operations, IoT platforms with over 215 million connections, and financial services in seven African countries. Vodafone is also developing satellite communications to connect underserved areas.
Average Trading Volume: 56,354,541
Technical Sentiment Signal: Buy
Current Market Cap: £20.45B
For detailed information about VOD stock, go to TipRanks’ Stock Analysis page.