Vodafone Group is trading 4.14% down at £126.30 after investors focused on a potential €1.1 billion earnings shortfall linked to Société Générale’s acquisition of Patrick Drahi’s 50% stake in German fiber venture OXG.
- Deferred payment commitments may not transfer to the buyer.
- Concerns are increasing about Vodafone’s exposure and German rollout execution.
- The broader market is firmer, indicating company-specific pressure.