CAPITAL STRUCTURE OF BRITISH TELECOM AND VODAFONE

CAPITAL STRUCTURE OF BRITISH TELECOM AND VODAFONE



Capital Structure

Vodafone

Vodafone is the world's biggest wireless telecommunication mesh business, founded on income, and has a market worth of about £71.2 billion (November 2009). It actually has procedures in 31 nations and colleague systems in a farther 40 countries. Vodafone has subsidiaries in North and South America, Asia, Oceania and Africa. Based on subscribers, it is the world's second biggest wireless telephone operator behind China Mobile, with over 427 million subscribers in 31 markets over 5 countries as of 2009. In the UK, its dwelling ground, Vodafone has awfully underperformed in the last couple of years due to brisk change in administration. It has fell from first to third biggest telecom operator developing a income of £4.9 billion from its 18.7 million clients in 2008-09. As of March 31, 2009, the business uses more than 79,000 persons worldwide. Vodafone's portions are recorded on the London Stock Exchange, (LSE: VOD) where it is a constituent of the FTSE 100 index.

 

British Telecom

BT Group is a retaining business for a assembly of enterprises that supply services in the U.K., in another location in Europe and round the world. Co. is committed in the provision of repaired lines, broadband, wireless and TV goods and services as well as networked data expertise services. Co. functions four lines of businesses: BT Global Services; BT Retail; BT Wholesale; and Open reach. These enterprises are sustained by two interior purposeful units: BT Operate and BT Innovate and Design. BT Retail, BT Wholesale and Open come to function mostly in the U.K., supplying communications services to the buyer and enterprise markets, while BT Global Services functions in the U.K. and globally. (Mikkelson, 1981, 77)

Capital structure of Vodafone

Notwithstanding a demanding financial backdrop and increasing job loss, the fundamentals of the telecommunications commerce extend to be attractive. Although income from customary services of voice and messaging in mature markets is increasing more gradually due to comparable and regulatory stresses, there continues a important development opening in wireless data. Within the Vodafone footprint, appearing markets, for example India, extend to display the promise for powerful development due to reduced wireless penetration rates of round 38% on mean, in evaluation to over 120% in Europe, which simultaneously with higher GDP development prospects, supply a important clientele development opportunity. (Rosenbaum, 2009, 97)

Vodafone Group Plc (NMS: VOD)

 

 

 

 

 

Financial Highlights as of 03/31/2010 in GBP

 

 

 

Income Statement

(In Thousands)

Total Revenue

44,472,000

EBITDA

3,932,000

Operating Income

4,624,000

Net Income

8,645,000

Revenue per Share

0.85

EPS - snare earnings - Diluted

0.16

Share Outstanding

52,663,135

Weighted mean portions Outstanding - Diluted

52,595,000

Weighted mean portions Outstanding - Basic

52,849,000

Earnings per Share - Basic

0.16

Balance Sheet

(In Thousands)

Total Assets

156,985,000

Current Assets

14,219,000

Total Liabilities

66,604,000

Long Term Debt

28,632,000

Stockholders' Equity

90,381,000

Total Assets per Share

2.98

Current Liabilities

28,616,000

Net Assets per Share

1.72

Cash Flow Statement

(In Thousands)

Cash from Operations

13,064,000

Cash from Investing

(7,437,000)

Cash from Financing

(5,853,000)

Cash Flow per Share

0.25

Cash & money Equivalents, starting of Year

4,846,000

Cash & money Equivalents, End of Year

4,363,000

Stock Price and Valuation (Data as of 12/16/2010)

 

Market Cap(mil)

159,890

Share Outstanding(000's)

6,017,689

Dividend Per Share(TTM)

1.3041

Last Closing Price

26.57

Previous Trading Day Range

26.14 - 26.67

52 Week Range

18.68 - 28.51

7Day Average concluding ...