Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Vodafone Group plc    VOD   GB00B16GWD56

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Vodafone, BAE Form Strategic Five-Year Partnership

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/18/2013 | 08:26am CEST

LONDON--BAE Systems PLC (>> BAE Systems plc), a defense, aerospace and security company, and mobile firm Vodafone Group PLC (>> Vodafone Group plc) Monday announce the formation of a strategic five-year partnership to provide businesses with a range of advanced communications security products and services, initially focused on smartphones and tablets.

MAIN FACTS:

-Additionally, BAE Systems said it intends to select Vodafone as its preferred supplier of mobile communications worldwide, excluding the U.S.

-First commercial element of the strategic partnership between Vodafone and BAE Systems will be a new cloud-based mobile security solution--Vodafone Mobile Threat Manager--to be brought to market in Spring and initially available to Vodafone's largest 1,500 global enterprise customers.

-Vodafone Mobile Threat Manager works across all networks, scanning traffic to and from a company's mobile devices in order to safeguard against malicious attacks and block inappropriate content, without impacting on device performance.

-BAE Systems will also confirm its intention to select Vodafone as its preferred global supplier of mobile communications, excluding the U.S.

-Vodafone is additionally discussing the supply of Unified Communications to BAE Systems in the U.K.

-Partnership also provides a framework for both companies to explore a broader range of joint security products for other business areas including interconnected devices using machine to machine (M2M) technology.

-Vodafone shares closed Friday at 168 pence valuing the company at 82.12 billion pounds; BAE shares closed 329 pence valuing the company at GBP10.69 billion.

-Write to Ian Walker at [email protected]

Corrections & Amplifications

This story was corrected at 0847 GMT. The original misstated the market capitalizations of the two companies in the final Main Fact. Vodafone is valued at 82.12 billion pounds, not million, and BAE is valued at GBP10.69 billion.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : BAE Systems plc, Vodafone Group plc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on VODAFONE GROUP PLC
08:13a VODAFONE : Transaction in Own Shares
10/20 VODAFONE : Mobile Phone Networks Overcharging Loyal Customers by Up to GBP 38 a ..
10/20 VODAFONE : Italy targets minimum EUR2.5bn from 5G auctions
10/20 VODAFONE : tests Safe-T for 4G coverage
10/20 VODAFONE : The best Vodafone broadband deals in October 2017
10/20 VODAFONE QATAR : to change financial year to Jan-Dec
10/20 VODAFONE QATAR : EGA approves change in accounting year
10/19 VODAFONE QATAR : financial year to start from January 1
10/19 VODAFONE : Passes give you unlimited data for your favourite apps
10/19 VODAFONE QATAR : Changes its Financial Year to Start on January 1
More news
Financials (€)
Sales 2018 46 172 M
EBIT 2018 4 290 M
Net income 2018 1 850 M
Debt 2018 32 041 M
Yield 2018 6,09%
P/E ratio 2018 32,27
P/E ratio 2019 24,69
EV / Sales 2018 2,11x
EV / Sales 2019 2,06x
Capitalization 65 344 M
Technical analysis trends VODAFONE GROUP PLC
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 2,75 €
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Vittorio Amedeo Colao Chief Executive Officer & Executive Director
Gerard Johannes Kleisterlee Chairman
Nicholas Jonathan Read Group Chief Financial Officer & Executive Director
Johan Wibergh Group Technology Officer
Samuel Esson Jonah Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
VODAFONE GROUP PLC76 380
AT&T-16.44%218 216
CHINA MOBILE LTD.-3.41%207 977
SOFTBANK GROUP CORP28.52%96 664
NTT DOCOMO INC0.49%91 800
VODAFONE GROUP8.51%76 380