Vodafone stock price dips after Amazon Leo satellite deal; VOD.L investors eye May results
Vodafone shares fell roughly 1% Monday, following news that the telecom company will tap Amazon’s low-Earth-orbit satellite network—Amazon Leo—to link up remote mobile locations throughout Europe and Africa. The stock moved to 113.4 pence, down from the prior close at 114.5, with prices fluctuating from 112.2 to 113.9 pence during the session.
