Category: Vodafone
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Vodafone faces £120 million franchisee legal battle over alleged ‘bad faith’ business practices
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Vodafone is facing a legal claim worth more than £120 million brought by 61 current and former UK franchisees, representing one of the largest franchise-related claims against a major British company. The group of claimants, who are several long-standing and loyal franchise partners who started their careers with Vodafone, allege…
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Vodafone books Sh5bn loss from M-Pesa cash firm sale
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British multinational Vodafone said it recorded a loss of €37 million (Sh5.1 billion) from the sale of the company that holds M-Pesa funds to Safaricom for a symbolic price of $1 (Sh128). The loss represents the transfer of a valuable subsidiary – M-Pesa Holding Company Limited – for almost nothing…
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Vodafone has an idea on how to manage crypto transactions
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UK telecom giant Vodafone is looking to integrate cryptocurrency wallets directly into mobile SIM cards. David Palmer, chief product officer (CPO) of Vodafone’s Pairpoint, explained the move in an article interview With Yahoo Finance the focus is on the future. Ballmer highlighted the company’s plans to drive the adoption of…