Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Vodafone Vantage Towers IPO

Vodafone has confirmed that its mobile tower business – Vantage Towers (formerly TowerCo) – will go ahead with an IPO around 18 March 2021.

Find out how to trade or invest in Vantage Towers with us following its IPO.

Start trading today. Call 0800 195 3100 or email newaccountenquiries.uk@ig.com. We’re available from 8am to 6pm (UK time), Monday to Friday.

Contact us: 0800 195 3100

Start trading today. Call 0800 195 3100 or email newaccountenquiries.uk@ig.com. We’re available from 8am to 6pm (UK time), Monday to Friday.

Contact us: 0800 195 3100

Why trade Vodafone’s Vantage Towers IPO with us?

With us, you can buy and sell Vodafone Vantage Towers shares as soon as the company is publicly listed on our secondary market.

When is Vodafone’s Vantage Towers IPO?

Vantage Towers is set to list around 18 March 2021 on the Frankfurt Stock Exchange. Vodafone previously stated that the IPO’s proceeds will be employed to cut down on its debt.

Vodafone Vantage Towers IPO: how to buy shares

You can take positions suited for the short term on Vantage Towers’s shares using spread bets and CFDs. If you’re interested in long-term positions, you can invest with us via share dealing.

Vantage Towers will be publicly listed around 18 March 2021. We’ll offer you stock right away from 8am on the day of their IPO. You’ll be able to:

  • Speculate on the Vantage Towers share price using spread bets and CFDs
  • Secure ownership by investing in Vantage Towers shares using share dealing

What will the Vodafone Vantage Towers IPO value be?

Vantage Towers’s valuation is estimated to be in the range of €11.4 billion to €14.7 billion. The company is looking to raise €2 billion from the float.

What could the Vantage Towers share price be when it floats?

The price per share has been set at a range of between €22.50 and €29. The share price will then fluctuate after the listing as buyers and sellers enter and exit the market.

Why does Vantage Towers want to go public?

Vantage Towers wants to go public as part of Vodafone’s plans to monetise its tower assets. Vodafone could make billions from the IPO – which it needs to pay off debt. The parent company had a net debt of €42 billion in September 2020. Further to this, Vodafone CEO Nick Read said that Vantage Towers will unlock opportunities for network sharing.

Open a share trading account in minutes

Open a share trading account in minutes

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Enjoy flexible access to more than 17,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

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With 45 years of experience, we’re proud to offer a truly market-leading service

Open a share trading account in minutes

Open a share trading account in minutes

Fast execution on a huge range of markets

Enjoy flexible access to more than 17,000 global markets, with reliable execution

Deal seamlessly, wherever you are

Trade on the move with our natively designed, award-winning trading app

Feel secure with a trusted provider

With 45 years of experience, we’re proud to offer a truly market-leading service

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

Start trading now

Log in to your account now to access today’s opportunity in a huge range of markets.

What is the outlook for Vantage Towers?

The outlook for Vantage Towers is positive as Vodafone announced revenues of €950 million in FY20, with adjusted earnings before interest, taxes, depreciation and amortisation of €680 million. However, the long-term outlook for Vantage Towers and its IPO will be closely related to its competitors’ performance and demand for 5G.

Who are Vantage Towers’s competitors?

Vantage Towers’s competitors include Deutsche Telekom (valued at €73.52 billion), Telefónica (valued at €20.92 billion) and Cellnex (valued at €20.24 billion).

What is Vantage Towers’s business model?

Vantage Towers’s business model is to use its towers as shared infrastructure for other mobile carriers. With 82 000 towers across 10 countries, the bulk of the company’s sites are based in Germany, Spain and Greece, as well as Italy through its co-controlled operations with Inwit.

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What is an IPO?

An IPO is a financial event in which a company lists its shares on an exchange. IPO is short for ‘initial public offering’. An IPO enables the public to buy or trade the company’s shares. T

o learn more about how IPOs work, watch this video:

What are the risks of trading an IPO?

All trading activity is risky – IPOs come with additional risks, including:

  • Missing important company information that might impact share prices, eg pending legal cases and intellectual property that is not patented
  • Little to no trading track record to base decisions on
  • Elevated market expectations that do not materialise
  • Companies not meeting their target market cap

Before committing to any trade, it is important that you have all the facts that you need. In the case of trading IPOs, you can use company prospectuses, admission documents and other information to stay up-to-date. By staying informed, you can avoid risks that could affect your position in a trade.

FAQs

You can stay up to date with the Vantage Towers IPO by signing up to our IPO mailing list.

Vantage Towers is owned by Vodafone. The spin-off was prompted by a 2018 asset review, which identified an opportunity for Vodafone to make money off its passive tower assets while giving it more time to focus on its 5G rollout.

Vantage Towers was started when Vodafone decided to monetise and improve the use of its tower assets by creating a spin-off company. The new business holds industrial benefits for Vodafone such as digital network sharing across various regions.

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