Vodafone Group PLC ADR
VOD: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| J%p | LOCK|p< | LOCK|fS>Wb<C |
Vodafone Cost-Cutting Efforts Remain Insufficient; Fair Value Estimate Lowered
Business Strategy and Outlook
Vodafone is a telecommunications conglomerate present in more than 20 countries around the world. Its most important markets are Germany and the United Kingdom. Vodafone has historically been a mobile player, but in the last decade it carried out several deals to solidify its fixed-line presence, acquiring two cable networks in Germany: Kabel Deutschland (2013) and Liberty Global Germany (2019).
