BT and Vodafone shares rise on cut-price 5G spectrum auction March 17, 2021 Shares in BT and Vodafone pushed higher today after the mobile networks secured bargain deals in the latest auction of 5G airwaves. Regulator Ofcom this morning said that it had raised £1.4bn from the sale of additional capacity to support 5G mobile coverage. The figure was well below analyst forecasts, leaving the telcos with more [...]
Vodafone aims to raise €2.8bn in masts stock market float March 9, 2021 Vodafone today said it is aiming to raise €2.8bn (£2.4bn) from an initial public offering of its mobile masts business later this month. The mobile network is set to float Vantage Towers in Frankfurt on or around 18 March as it looks to cash in on its lucrative infrastructure assets. It priced the listing at [...]
More than 1m small businesses ‘at risk of collapse’ due to cyber threats March 9, 2021 The government has been urged to pump more money into cyber defences after new research revealed that more than 1m small businesses would collapse if they were targeted by hackers. A poll of more than 500 business leaders found nearly a quarter of UK SMEs — equivalent to 1.3m companies — were likely to go [...]
Vodafone confirms Frankfurt float for mobile masts business February 24, 2021 Vodafone has confirmed plans to float its mobile masts division on the Frankfurt Stock Exchange by the end of March. The mobile network launched Vantage Towers last year in a bid to cash in on its lucrative infrastructure amid tough competition in the telecoms market. The company operates 82,000 towers across 10 European markets and [...]
Former EE boss Olaf Swantee joins Vodafone February 11, 2021 Vodafone has appointed former EE CEO Olaf Swantee as a non-executive director. He will take up the post at the end of July. Swantee comes from Sunrise Communications, where he was CEO. The ex-EE boss will use his experience in the sector to benefit Vodafone’s Audit and Risk Committee. Vodafone chairman Jean-Francois van Boxmeer said: [...]
Surge in pandemic data demand pushes up Vodafone revenues February 3, 2021 Vodafone’s revenue rose for the first time since March as demand for high-speed broadband soared across Europe. The British-based mobile carrier saw revenue rise 0.4 per cent in the third quarter, outperforming the 0.2 per cent decline predicted by analysts. Shares leaped by 3.2 per cent as several analysts backed Vodafone as a stock to [...]
Mobile networks to tackle rural not-spots with mast building plan January 27, 2021 Mobile networks O2, Vodafone and Three are teaming up to build hundreds of new masts as part of a push to tackle so-called signal not-spots in rural areas. The companies will build and share 222 mobile masts in an effort to improve 4G coverage across the UK. In total 124 sites will be built in [...]
Vodafone secures share of £30m government funding to develop remotely-operated drones January 19, 2021 A consortium of 16 companies including Vodafone has won a share of £30m in government funding to develop remotely-operated drones that could be used to test nuclear sites across the UK. The project, led by sees.ai — a tech company specialising in command and control systems for drones — will explore whether operators based in [...]
Mobile roaming: Will I be charged for using my phone in the EU after Brexit? December 29, 2020 Since 2017, Brits travelling in the EU have been able to enjoy using their mobile phone without racking up any additional roaming charges. The UK has now secured a post-Brexit trade deal with the bloc, ensuring a smoother transition after the transition period ends on 31 December. But Cabinet Office minister Michael Gove this week [...]
Vodafone brings forward net zero carbon pledge to 2040 November 23, 2020 Vodafone today pledged to reduce its total global carbon emissions to net zero by 2040 — ten years earlier than originally planned. The telecoms group said it will eliminate all carbon emissions from its business activities and purchase all energy from renewable sources by 2030. It has also pledged to halve carbon emissions from joint [...]