Third quarter telco market share numbers are due out and I'm picking they won't be good for Vodafone.
It'd be fair to say that IFT haven't achieved their goals with the post purchase transformation of Vodafone. They have consistently continued to lose market share to Spark. I can't see that trend being reversed any time soon - there's simply no driver for that. Vague commitments to improving customer service in the IFT annual presentation are not enough. It is poor that this is even still an issue at Vodafone. It was one of the noted factors for improvement at purchase, more than two years ago.
Now who knows what 2 Degrees could do if a merger with Orcon goes through and they go looking to increase their market share.
I wonder if an IPO to move Vodafone on might soon be brewing at IFT? They used a similar plan with Z, albeit that company was showing stronger improvements from their ownership.
IFT Price at posting:
$7.91 Sentiment: Hold Disclosure: Held
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