1004 GMT - Vodafone Group's share price fails to reflect key risks, UBS analysts write in a note. In Germany, increasing fiber business competition in multi-dwelling units and pending legislation could ease rival Deutsche Telekom's access and put some pressure on Vodafone. The analysts also flag risk to Vantage Towers from potential Spanish revenue losses if Zegona--formerly Vodafone Spain--secures better renewal terms, accepts a network-sharing deal with MasOrange, or is acquired by Telefonica. Vodafone could also lose the 1&1 network rental agreement if German mobile consolidation occurs. The bank cuts its stock recommendation to sell from neutral and raises its target price to 80 pence from 72 pence. Shares are down 2.2% at 90.08 pence. ( najat.kantouar@wsj.com)
(END) Dow Jones Newswires
November 03, 2025 05:05 ET (10:05 GMT)
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