A Vodafone critica o processo de renovação das licenças móveis, considerando que será tardia. Contesta prazos que estão previstos para a renovação, dizendo que a Anacom anda a fazer política setorial.

© ANTÓNIO COTRIM/LUSA

VodafoneThree raised its cost-savings target to £1 billion per annum by 2032, as it set out a UK growth strategy with a new set of “bolder” financial ambitions.

During a Vodafone Group investor briefing, the company focused on its ambitions for VodafoneThree and how it will deliver significant value creation over the coming years.

Among the highlights, the company stated it was upping its cost savings goal, which was previously pegged at £700 million per annum by full year 2030, to £1 billion per annum by full year 2032, which will run to March that year.  By 2030, £800 million in annual cost savings is expected.

The upgraded target comes more than two months after Vodafone completed a full takeover of VodafoneThree, acquiring CK Hutchison’s 49% in the business for £4.3 billion.

Targets
Other financial targets set for the company include a goal of mid-to-high single digit annual growth in adjusted earnings between 2025 and 2032, and a plan to more than triple operating free cash flow during the same period.

The briefing, hosting by group CEO of European markets, Ahmed Essam and VodafoneThree CEO Max Taylor, also reiterated an £11 billion network investment plan spanning 10 years to upgrade the UK’s mobile network, accelerate leadership in the consumer market and grow its Business unit.

Margherita Della Valle, CEO of Vodafone, said VodafoneThree had been created because it saw an opportunity to transform the UK market.

“After a strong start, we now have even greater confidence in the opportunity ahead. That’s why we are upgrading our cost target to £1 billion, with VodafoneThree set to become an increasingly important contributor to Vodafone’s growth ambitions,” she said.

The post VodafoneThree ups cost-savings target to £1B appeared first on Mobile World Live.