Mobile network switching is about to get much easier thanks to Ofcom July 28, 2015 Switching your mobile network provider is about to get much easier as the regulator looks at changing the rules because companies are currently making it too difficult switch. Ofcom last month introduced new rules making it easier for people to switch broadband providers and is now looking at a similar move when it comes to [...]
Best UK mobile network: EE crowned fastest and most reliable mobile operator against Vodafone, Three and O2 in study by RootMetrics July 28, 2015 Here’s some news that’ll put a smile on any EE customer’s face: the operator has been crowned the best-performing mobile network in the UK in an independent study by RootMetrics. EE won a clean sweep of all categories, providing customers with both the best speed and reliability. But competitor Three proved a strong rival, coming [...]
Vodafone leads the FTSE as share price soars after improved sales July 24, 2015 Vodafone is leading the FTSE 100 this morning, with its share price up four per cent in mid-morning trading as it begins to show signs of recovery in Europe. The figures: The phone giant had an improved, but still not stellar, three months to 30 June. Reported group revenues fell 0.9 per cent to £10.1m, [...]
Vodafone Europe chief Philipp Humm out in leadership streamlining by Vittorio Colao July 21, 2015 Vodafone Europe chief executive Philipp Humm is out after a streamlining of the mobile operator's leadership by top boss Vittorio Colao. "These changes will simplify and streamline the management of our largest European markets and accelerate our strategic plans in those countries as convergence gathers pace and our Project Spring organic investment programme and focus on [...]
Vodafone Connect: Broadband and home phone service launched to rival BT June 10, 2015 Vodafone is taking on BT's telecoms dominance with the launch of its own home phone and broadband service today. Read more: BT takes a shot at Sky with Champions League launch Vodafone Connect will offer new and existing customers in the UK broadband speeds of up to 76mb with "ultra-fast fibre", as it seeks to put itself [...]
Vodafone confirms talks with Liberty global but rules out merger June 5, 2015 Vodafone today confirmed it's in early stage discussions with Liberty Global over a possible asset swap, although it quashed speculation surrounding a potential a merger between the two telecoms giants. The announcement followed media reports that the British telecoms giant had entered into informal talks with the US cable giant. Vodafone's share price fell 2.2 per [...]
S&P downgrades Vodafone as shareholders mull Liberty deal May 28, 2015 Telecoms group Vodafone has been downgraded by ratings agency Standard & Poors (S&P) which said the company is facing tough business conditions in key markets. The agency said obstacles to Vodafone include “strong sustained competition” and consolidation in the UK market that is likely to leave the firm in the number 3 position. In addition, [...]
Vodafone share price falls despite return to growth in the fourth quarter of 2014 May 19, 2015 The figures Britain's biggest telecoms group said that group revenue rose 10 per cent on a reported basis to £42.2bn for the year ending 31 March. While group organic revenue was down 0.8 per cent, Vodafone said it returned to growth in the fourth quarter, rising 0.1 per cent "reflecting a steady recovery in Europe and [...]
Vodafone continues to weigh on quarterly UK dividend payments May 17, 2015 UK dividends fell by more than 60 per cent to $19.1bn in the first quarter after Vodafone’s bumper payout last year continued to distort headline figures. The telecoms giant made a special $26bn payment to investors on the back of its Verizon Wireless deal last year – making this year’s quarterly dividend payout pale in [...]
Phones 4U creditors to receive up to 24p in the pound says PwC April 14, 2015 Collapsed mobile phone retailer Phones 4U will return up to 20-24p in the pound to senior creditors, but suppliers and the taxman will get relatively little from the administration. PwC, which was appointed administrator in September last year, said super senior noteholders – typically hedge funds and other asset managers – will receive nearly [...]