Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


Forums › Vodafone New Zealand › Vodafone shocks investors with £28bn goodwill write-down


302 posts

Ultimate Geek
+1 received by user: 7


Topic # 6872 1-Mar-2006 17:02
Send private message

http://news.independent.co.uk/business/news/article348240.ece
need I say more..




My opinions and ideas expressed in posts are solely my own and do not reflect the views of my employer in any way..

Create new topic
19282 posts

Uber Geek
+1 received by user: 2600
Inactive user


  Reply # 29589 1-Mar-2006 17:10
Send private message

What is up with this networks all over the world are been written down in Value

Look at the APPT network in OZ owned by Telecom NZ and look how its value dropped its just a bigger value for Vodafone group as they own more netowrks around the globle.

What are you trying to prove with your stupid comment: need I say more



302 posts

Ultimate Geek
+1 received by user: 7


  Reply # 29591 1-Mar-2006 17:13
Send private message

just stating the fact that not only Telecom writing down (AAPT)...




My opinions and ideas expressed in posts are solely my own and do not reflect the views of my employer in any way..

 
 
 
 


BDFL - Memuneh
61812 posts

Uber Geek
+1 received by user: 12465

Administrator
Trusted
Geekzone
Lifetime subscriber

Reply # 29592 1-Mar-2006 17:16
Send private message

And we are talking about 28 billion Pounds (mostly from Vodafone Germany thanks to the hostile takeover of Mannesmann a few years ago), some from Vodafone Italy and other smaller operations, but also including the UK).




Backblaze cloud backup (personal and business) | Geekzone broadband switch | Amazon (Geekzone aff) | MightyApe (Geekzone aff) | 

 

My technology disclosure | Business Transformation | Enterprise Content Management | Customer Relationship Management | Sharesies investment fund

1420 posts

Uber Geek

Trusted

Reply # 29593 1-Mar-2006 17:22
Send private message

Relax Johnr - its not a beat up but it does make interesting news. That is a huge whack of money - approx $82b NZ dollars. Quite hard to comprehend for us poor kiwis.

444 posts

Ultimate Geek
+1 received by user: 8

Trusted

Reply # 29594 1-Mar-2006 17:27
Send private message

WOW Johnr such passion.

Mobile Networks like Vodafone T Mobile etc are over valued. 3G is not a big cash cow as they thought with the huge outlay on building and buying licences.

3G is not winning volumes of customers in Europe and looking at NZ connection numbers its not happening in NZ either.

Theres also the likes of Skype, wifi and other alternatives etc

I think good on Vodafone for saying we are overpriced and report the real value as we dont want another Enron here.





"The only way to learn some- thing is to do it"

27285 posts

Uber Geek
+1 received by user: 6717

Moderator
Trusted
Biddle Corp
Lifetime subscriber

  Reply # 29607 1-Mar-2006 20:49
Send private message

It's no wonder Vodafone are so protective of their profits in NZ, that cash cow needs to stay the way it is! :-)

Issues like the slow rollout of One Vodafone can't help, Vodafone should be taking advantage of their shear size, instead it's becoming their big downfall.

444 posts

Ultimate Geek
+1 received by user: 8

Trusted

  Reply # 29798 4-Mar-2006 11:31
Send private message

To make sure its not a pick on Vodafone thing.

T-Mobile takes a £1.3bn hit

THE owner of T-Mobile became the second mobile phone firm this week to admit that its assets were overvalued by absorbing a £1.3bn hit on its UK unit.

These companies are overpriced and Im sure a few more will need to revalue themselves.

No gold on that 3G road.




"The only way to learn some- thing is to do it"

BDFL - Memuneh
61812 posts

Uber Geek
+1 received by user: 12465

Administrator
Trusted
Geekzone
Lifetime subscriber

  Reply # 29802 4-Mar-2006 11:41
Send private message

Just to clarify: T-Mobile is part of Deutsche Telekom.




Backblaze cloud backup (personal and business) | Geekzone broadband switch | Amazon (Geekzone aff) | MightyApe (Geekzone aff) | 

 

My technology disclosure | Business Transformation | Enterprise Content Management | Customer Relationship Management | Sharesies investment fund

Create new topic



Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Geekzone Live »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron


Updates »

Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.