12:19 AM EDT, 10/14/2026 (MT Newswires) -- Moody's Ratings maintained Vodafone Group's (VOD.L) senior unsecured ratings at Baa2, with a stable outlook, citing improved group operating performance and lower gross debt. The affirmation followed an improvement in the British telecommunications company's credit quality relative to the rating agency's expectations in late 2024, according to a Tuesday note. The stable outlook, meanwhile, reflects Moody's view that Vodafone's performance will keep improving, with at least steadier trends in Germany. At the same time, it continues to operate within the lower half of its net leverage target range and maintains strong liquidity.

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