Vodafone teams up with Visa and Carta Worldwide to offer contactless payments to Android mobile users March 30, 2015 Vodafone is getting into the business of contactless payments by allowing its customers to add bank cards to their digital wallets in the coming months it announced yesterday. The telecoms giant has teamed up with Visa and Carta Worldwide to allow European customers with Android smartphones to pay for services at contactless pay points via [...]
Vodafone exceeds expectations with strong UK growth February 5, 2015 Vodafone is doing better than analysts had expected, both in the UK and beyond. The figures During the three months to 31 December, group service revenue for the UK telecoms company was £9,789m. Once merger and acquisition activity and foreign exchange rates had been accounted for, this was a 0.4 per cent decline compared [...]
Mobile market activity booms as Sky eyes deal with O2 or Vodafone January 26, 2015 Mobile consolidation is set to be a hot topic again this week as European pay-TV operator Sky has been linked in talks with O2 and Vodafone to launch its own mobile offering on one of their networks. The talks come as BT races to finalise more details around its £12.5bn takeover of EE, which it [...]
Elliott demands Kabel explains Vodafone deal January 13, 2015 US HEDGE fund titan Elliott International yesterday demanded German cable television operator Kabel Deutschland – in which Elliott has a 13 per cent stake – explain a special auditor’s report concerning Vodafone’s €8bn (£5.3bn) takeover of the German firm in June. The US investment giant has called for an extraordinary general meeting for the purpose [...]
Vodafone eyes up Tesco’s video service Blinkbox November 30, 2014 Vodafone is eyeing up Tesco’s video streaming service Blinkbox following its chief executive’s comments that the firm intends to push into home broadband and TV in the UK next year. While the mobile operator is looking at Blinkbox, along with a number of other interested parties, it is “nowhere near final terms on a deal,” [...]
Split BT and Openreach: £10bn takeover talks with O2 and EE raise competition concerns for Vodafone and TalkTalk November 26, 2014 BT’s biggest rivals voiced competition concerns last night as the former state monopoly continued £10bn takeover talks with the owners of mobile networks O2 and EE. Vodafone and TalkTalk would both call on the regulator to ensure greater separation between BT and its infrastructure arm Openreach, even going so far as to push for the [...]
O2 boasts of 3m 4G customers as it soars past Vodafone and lands behind EE November 12, 2014 Telefonica’s UK network O2 added 319,000 new users in the third quarter, giving the UK’s second largest operator a customer base of over 24m. Chief executive Ronan Dunne told reporters that this figure now included more than 3m 4G customers, nearly double Vodafone’s 1.4m 4G customers, putting the network in solid second place behind EE’s [...]
Vodafone’s UK broadband plan to counter BT: “If they come harsh on mobile, we will come harsh” November 11, 2014 Vodafone is preparing to take BT head on next year, when it launches broadband and TV offerings in the UK to challenge the former state monopoly’s plan to encroach on its turf with a mobile service. Chief executive Vittorio Colao did not say how Vodafone would price its broadband or TV when it launches in [...]
Vodafone and Sainsbury push FTSE 100 slightly up – London Report November 11, 2014 The FTSE 100 yesterday advanced to its highest level in more than a month, as a rise in mobile operator Vodafone and supermarket retailer Sainsbury offset a slump in energy stocks. The blue chip index closed up by 0.2 per cent, or 16.15 points, at 6,627.40 points – its best closing level since late September. [...]
Vodafone share price rises as profits dive but beat expectations November 11, 2014 Shares in Vodafone rose more than five per cent in mid-morning trading, despite the fact figures it published today showed pre-tax profits collapsed 73 per cent to £406m in the six months ended 30 September. However, forecasts for core earnings were raised. Basic earnings per share took a heavy hit, falling almost 70 per cent. [...]