Company profile
- Industry
- Telecommunications
- Headquarters
- Newbury, United Kingdom
- Ownership
- Publicly traded
Profiles are auto-generated and infrequently updated.
The analyses
The Counterfactual · Decision Forks
Vodafone's Verizon Exit Owed Its Genius to a Dutch Tax Shelter and a Frozen Dividend
The 2014 exit is told as a masterstroke. But Verizon froze the dividend for six years to soften Vodafone up, and the headline number was only transformative because a Dutch holding company shrank a $20bn-plus tax bill to about $5bn. The genius wasn't Vodafone's.
8 min
The Market-Entry Gambit · Growth & Portfolio
Vodafone Bought the World at the Top of the Market. Then It Spent a Decade Selling It Back.
In 2000 Vodafone swallowed Mannesmann in an all-share deal valued near $180 billion. Six years later it wrote off £23.5 billion of the goodwill in a single year - and every later exit, from Japan's $15.1bn to a $130bn US deal it never even controlled, confirmed the empire was worth less than it cost to build.
8 min