Vodafone threatens to withdraw from India amid dispute over taxes November 12, 2019 Vodafone has warned it may pull out of India unless the government grants it a series of remedies, after a court ruling in the country dragged the firm to a €1.9bn (£1.6bn) half-year loss. Chief executive Nick Read today said the firm was in a “critical” situation in the country amid a fierce battle with [...]
Vodafone expands full-fibre network with Openreach deal November 11, 2019 Vodafone is set to expand its full-fibre broadband network to three new UK cities after signing a new commercial deal with Openreach. Customers of the telecoms firm will be able to access the superfast network in Birmingham, Bristol and Liverpool from spring 2020, taking its total reach to 15 UK towns and cities. Read more: [...]
BT shares fall as Virgin Media ditches telco for Vodafone network November 6, 2019 Virgin Media is leaving BT’s mobile network for rival Vodafone from late 2021, in a five-year deal that will give its customers access to new services including 5G. Under the deal, Vodafone will supply wholesale mobile services including voice and data to over three million Virgin Mobile and Virgin Media Business customers until 2026. Read [...]
Vodafone apologises after customers charged thousands for roaming October 14, 2019 Vodafone has issued an apology after customers were incorrectly charged as much as £11,000 for using their phones abroad. Mobile users took to Twitter to complain about thousands of pounds worth of roaming charges on their bills, with many saying their phones had been disabled and they were unable to contact customer services. Read more: [...]
Vodafone to shut 1,000 stores across Europe amid rise in online shopping October 8, 2019 Vodafone will close more than 1,000 of its stores across Europe and overhaul some of its remaining outlets as it looks to adapt to declining footfall on the high street. Read more: IBM and Vodafone’s $550m joint venture secures first deal Group chief executive Nick Read today said the telecoms firm will shut 15 per [...]
Vodafone rockets 8% amid IPO excitement July 29, 2019 | City Talk It’s been a long time coming, but Vodafone has a market-friendly strategy to underpin a recovery. The spin-off of the “TowerCo” business is by far the most scintillating development within Vodafone (LSE:VOD) first-quarter trading update. Vodafone had previously mentioned that it was planning to monetise this part of the business, and has now added some flesh to [...]
What is 5G and how does it work? Everything you need to know about the next-generation network July 26, 2019 Mobile operator EE hit the headlines last week when it launched the UK’s first 5G network at a lavish launch party on the river Thames. EE boss Marc Allera hailed a “historic moment” as the firm live-streamed a performance by hit rapper Stormzy against the iconic backdrop of Tower Bridge. Customers on EE can now [...]
Vodafone shares rise as it mulls stock market float for mobile mast business July 26, 2019 Shares in Vodafone jumped more than seven per cent this morning after it announced plans to spin off its mobile masts business into an independent company that could be floated on the stock exchange. Chief executive Nick Read said the move will create Europe’s largest tower company, with around 61,700 masts in 10 markets. Read [...]
Vodafone chairman defends dividend cut as firm fends off pay revolt July 23, 2019 Vodafone has defended its controversial decision to slash its dividend as the firm fended off threats of a shareholder revolt. Chairman Gerard Kleisterlee admitted the last year had been a “low point” for Vodafone and the industry as a whole, but insisted the decision to slash the payout had not been taken lightly. Read more: [...]
Ranked: These are the UK’s worst broadband and mobile firms July 23, 2019 Plusnet has topped a list of highest number of complaints for a broadband provider for the second quarter in a row. The Sheffield-based telecoms firm received 31 complaints per 100,000 customers between January and March, according to figures published today by regulator Ofcom. Read more: Which telecoms companies have the worst customer service? Plusnet was [...]