Vodafond

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Issue:

Business

 

Written by:

Ray S

 

Date added:

October 16, 2011

 

Level:

University

 

Grade:

B

 

No of pages / words:

13 / 3606

 

Was viewed:

5362 times

 

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Essay content:

It was also characterized by good financial performance. Revenues grew by 51% in 2006, EBITDA margin was 30% in the six months to 30 June 2006. Vodafone paid $ 11.1 billion for the deal, thus valuating the company at $ 18.8 billion. Vodafone will assume a net debt of $ 2.0 billion. Vodafone financed the acquisition partly with its huge cash reserves (see appendix for more details on the financing of the deal)...
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Vodafone will assume a net debt of $ 2.0 billion. Vodafone financed the acquisition partly with its huge cash reserves (see appendix for more details on the financing of the deal). Following the acquisition, Vodafone sold its 5.6% direct shareholding in Bharti Airtel, the leading mobile operator, due to a non- competing clause and signed a Memorandum of Understanding (MOU) with this same company on infrastructure sharing...
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