Vodafone Group Plc
19 September 2005
19 September 2005
VODAFONE ANALYST AND INVESTOR DAY
Vodafone Group Plc ('Vodafone') is hosting today an analyst and investor day at
its headquarters in Newbury, England.
The day will principally consist of a series of presentations by senior
management from Germany, Italy, Japan, Spain and the UK giving an overview of
each of these businesses. There will also be a focus on the Other Vodafone
Subsidiaries and separate presentations on the following areas: Opportunities
for Growth, Technology and One Vodafone.
Arun Sarin, Chief Executive of Vodafone, will introduce the day's events by
reiterating guidance for the current financial year as outlined at the Company's
preliminary results announcement in May 2005. He will also emphasise the core
messages running through the day's presentations;
* The Group is clearly focused on revenue growth opportunities
* 3G is gaining increasing traction in the market
* The implementation of One Vodafone is progressing well
* Strong execution by the local management teams
Vodafone will report that the number of 3G devices has risen to approximately
4.35 million at 31 August 2005, comprising 3.95 million consumer devices and
400,000 Vodafone Mobile Connect 3G/GPRS data cards. The Christmas Vodafone live!
with 3G handset range, announced on 16 September 2005, promises to further
increase the rising rate of 3G adoption across Vodafone's businesses.
Vodafone will also say that Vodafone Passport - the first step in the Vodafone
Travel Promise initiative - has successfully launched in 12 countries and has
already attracted over 2 million customers. Initial feedback highlights high
levels of customer satisfaction, which has resulted in increased demand within
the expanding roaming customer base.
In addition, Vodafone will announce the Group's deployment of HSDPA, beginning
with friendly user tests and pre-commercial launches in the first half of 2006.
A full commercial launch with end-to-end capabilities can be expected for
mid-2006. This new technology will boost current 3G user download speeds by
approximately 4 times. This enhancement of Vodafone's network will continue to
improve customers' experience of converged mobile services; and from an
investment perspective, the upgrade will be incremental as it requires no new
infrastructure.
The event will be broadcast live via a webcast available on the Vodafone website
(www.vodafone.com/investor) beginning at 10.00am (UK time). All presentations
and related materials will be made available through the webcast.
- ends-
For further information:
Vodafone Group
Investor Relations
Tel: +44 (0) 1635 664447
Media Relations
Tel: +44 (0) 1635 664444
Vodafone, Vodafone live!, Vodafone Mobile Connect and Vodafone Passport are
trademarks of the Vodafone Group.
Forward Looking Statements
This press release contains forward-looking statements with respect to
Vodafone's reiteration of the guidance for its expectations for the year ending
31 March 2006 as to future performance, including turnover, cash flows, costs,
capital expenditures and margins, non-voice services and their revenue
contribution; share purchases; free cash flow, global integration, user
penetration for both data and non data services and the benefits of the new and
recently introduced services; the rate of 3G adoption as a result of the
Christmas Vodafone live! with 3G handset range; and the deployment and
commercial launch of HSDPA; improvements of the customer experience as a result
of network enhancements, including the related customer benefits and service
offerings in connection with the evolution of the network and demand for such
services; and the manner of implementing the network upgrade. The statements are
subject to risks and uncertainties because they relate to future events. Some of
the factors which may cause actual results to differ from these forward looking
statements are discussed in the written materials that accompany the
presentations for the investor day referred to in this release and others can be
found by referring to the information contained under the headings 'Cautionary
Statement Regarding Forward Looking Statements' and 'Risk Factors' in our Annual
Report for the year ended 31 March 2005. The written materials accompanying the
investor day presentation and our Annual Report can be found on our website.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.