0910 GMT - Vodafone Group is one of the most mentioned companies across all news items over the past two hours, according to Factiva data, after the company said that it has signed a 10-year partnership with Microsoft. Under the agreement, the companies will offer scaled digital platforms to more than 300 million businesses. The U.K. telecommunication company will invest $1.5 billion over the period in cloud and customer-focused AI services developed with Microsoft. ING analyst Jan Frederik Slijkerman wrote that the partnership won't change Vodafone's credit profile in the near future despite bringing innovative solutions to customers. Shares are up 0.2%, but are down 28% over the past 12 months. Dow Jones & Co. owns Factiva. (najat.kantouar@wsj.com)

 

(END) Dow Jones Newswires

January 16, 2024 04:57 ET (09:57 GMT)

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