Vodafone on Tuesday trumpeted the success of its Passport roaming service, which enables customers to take their domestic price plan abroad. Vodafone said that data for June and July 2006 shows that Passport customers are paying around 50 per cent less per minute for their voice roaming calls compared to the average cost of roaming [...]
According to reports, the Italian unit of Vodafone will, later today, announce a significant commercial agreement with Fastweb, the Italian broadband player. The reports – which do not name sources – suggest the deal will enable Vodafone’s mobile clients to use some of Fastweb’s broadband services, although details were not provided. One Italian report suggests [...]
British Telecom announced the much awaited version of its fixed mobile convergence solution – BT Fusion – revamped for the enterprise market, Thursday. When the original consumer service launched last year, it only offered a single access point, offering fixed line rates when a handset is communicating over Bluetooth and GSM calling over Vodafone’s network [...]
UK telecoms regulator OFCOM, announced Thursday that price controls on the termination charges British mobile operators apply to other networks’ calls are to be maintained beyond March, 2007, when the current regulation expires. The regulator intends to demand further cuts in the termination fees, with a target of “around 5.3 pence per minute” for Vodafone, [...]
Mobile operator Vodafone has struck a deal with BT to provide fixed-line broadband to its customers in the UK. The move is a response to O2 and Orange who already offer fixed-line and mobile products to their customers. Vodafone has confirmed that it plans to launch the new service before the end of the year. [...]
The former head of Vodafone’s southern European business has been brought to the company as deputy chief executive in charge of European operations One time tipped as a future Vodafone chief executive, Vittorio Colao, is due to come back to the company next month – October 9 – and will replace Sir Julian Horn-Smith as [...]
In the wake of Vodafone’s £1.35bn exit from the Belgian market, the rumour mill has been grinding away. Speculation suggests that the company is looking to slim down further, possibly by offloading assets in Switzerland and throws more fuel on the fire of the US question. It is known that Swisscom is keen to buy [...]
Mobile mammoth, Vodafone, is this week expected to cut its prices with the introduction of a new contract tariff. According to reports, the new tariff has been tried out in some of its retail outlets. Big spenders with Vodafone are expected to be in line for savings of upto 40 per cent. While Vodafone remains [...]
Embattled telecoms giant, Vodafone, today announced its decision to sell its 25 per cent stake in Belgium’s dominant telecoms group, Proximus, to Belgacom. The sale, which will go towards reducing Vodafone’s recent heavy losses, is worth Eur2bn (£1.35bn). Belgacom is 50 per cent owned by the Belgian government and already owns 75 per cent of [...]
Vodafone CEO Arun Sarin has weathered the storm at the firm’s annual general meeting today, winning votes of confidence from 86 per cent of his shareholders. But 9.5 per cent voted for his dismissal, with the remaining 4.5 per cent of shareholders abstaining from the vote. Dissention among the shareholders was understood to be led [...]
Mobile giant Vodafone has reported revenue growth in line with expectations ahead of a vital shareholder meeting today where the company’s chief executive Arun Sarin faces a revolt. The company which has seen its share price drop from above 150p to lower than 120p since November last year, reported 6.4% organic growth in total mobile [...]
As predicted, Standard Life Investments has voted against the re-election of Vodafone chief executive, Arun Sarin, at a shareholder meeting on Tuesday. The company has a stake of about 1.7 per cent in Vodafone and joins Hermes Pensions Management and Morley Fund Management who have been widely reported as voting against Sarin’s reappointment at the [...]
Ahead of what promises to be a rollercoaster ride of a shareholder meeting Tuesday, Vodafone chief executive Arun Sarin today defended his position with the assertion that the company’s revenues are on track. The operator reported 4.5 million proportionate organic net additions, with a further 11.7 million from the acquisition of Telsim in Turkey, taking [...]
According to reports, a major Vodafone shareholder is planning to vote against the re-election of the firm’s beleagured chief executive Arun Sarin to the board of the mobile company. The AFX news agency reports that Morley Fund Management, which owns a 2.1 per cent stake in Vodafone, said “its patience with Sarin had run out”. [...]
A new smartphone is being developed by former PDA champion Palm, in conjunction with Vodafone and Microsoft, the companies said Thursday. The Treo handset will run on Vodafone’s 3G network with Windows Mobile 5.0 and will be aimed squarely at the enterprise with its push e-mail capability. The new phone will be available to Vodafone [...]
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