Imagine a global cell phone network. Now imagine a global cell phone network for a low monthly fee.
True, a system of that sort is not likely to happen overnight, but a company that's headed in that direction is United Kingdom-based Vodafone Group Plc (NYSE: VOD).
Vodafone Group is the world's leading mobile telecommunications company, with a substantial presence in Europe, the Middle East, Africa, Asia/Pacific and the United States.
Along with VOD's strong balance sheet and solid dividend, analysts like Vodafone Wireless, the company's most profitable division, which contributes 22% of operating earnings. About 80% of VOD's revenue is Europe-based, a maturing market, so VOD has beefed-up its emerging market expansion plan with asset purchases in India and Turkey.
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