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Share Price: 224.70Bid: 224.70Ask: 224.75Change: 0.70 (+0.31%)Riser - Vodafone Grp.
Spread: 0.05Spread as %: 0.02%Open: 227.95High: 228.35Low: 224.20Yesterday’s Close: 224.00


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Bavani3
Posts: 7
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Vodafone bought in India 3G
Thu 23:26
NEW SPECTRUM EXPANDS VODAFONE 3G SERVICES IN INDIA

Thu 26 Mar 2015 16:40
RNS Number : 6164I
Vodafone Group Plc
26 March 2015

26 March 2015

NEW SPECTRUM EXPANDS VODAFONE'S HIGH SPEED 3G SERVICES IN INDIA

Vodafone India has acquired spectrum in 12 telecom circles in the March 2015 spectrum auction for a total cost of INR 258.1 billion (£2.78 billion).

Vodafone India successfully bought spectrum in all six of its 900 MHz circles due for extension in December 2015. Significantly expanding its 3G capabilities, Vodafone India acquired 5 MHz of 900 MHz band spectrum in Orissa and added a further 30 MHz of spectrum in the 2100 MHz band in six new circles.

Vodafone India has also bought an additional 5.6 MHz of 1800 MHz spectrum in three circles to complement the 49 MHz of 1800 MHz spectrum acquired in the February 2014 auction.

With the new and existing spectrum, Vodafone India will be able to expand its 3G service over its own network from 9 circles to 16 circles. These circles in total represent 88% of Vodafone India's service revenues.

Vodafone has emerged from the auction in a stronger competitive position in the Indian market. In addition to buying spectrum in all its key circles that were under auction, Vodafone has acquired new 3G spectrum which will enable the company to increase further the number of Indian customers benefiting from high speed data services.

In the auction, Vodafone India acquired a total of 78.4 MHz comprising:

· 42.8 MHz in the 900 MHz band in Gujarat, Haryana, Kerala, Maharashtra, Orissa, Rajasthan, Uttar Pradesh (East) and West Bengal.
· 5.6 MHz in the 1800 MHz band in Gujarat, Kerala and Uttar Pradesh (East).
· 30.0 MHz in the 2100 MHz band in Assam, Karnataka, Kerala, North East, Rajasthan and Uttar Pradesh (West).

Vodafone's investment totals INR 258.1 billion (£2.78 billion) of which INR 68.2 billion (£733 million) is payable shortly, with the remainder payable in 10 equal annual instalments starting in two years. The spectrum won has a 20 year term.

In February 2014, Vodafone India acquired spectrum in 11 telecom circles - a total of 23 MHz in the 900 MHz band in Mumbai, Delhi and Kolkata, and a total of 49 MHz in the 1800 MHz band in Mumbai, Delhi, Kolkata, Karnataka, Kerala, Gujarat, UP East, Rajasthan, Haryana, Andhra Pradesh and Punjab. The spectrum has a 20 year term.

Vodafone India has the largest voice and data traffic usage within the Vodafone Group. At 31 December 2014, it had 179 million customers, with 59 million data users, of which 17 million use 3G. Average data usage per customer grew by 40% year-on-year.
- ends -

Notes for editors

Exchange rate £1.00: INR 93

For further information:

Vodafone Group

Media Relations
Investor Relations
www.vodafone.com/media/contact
Telephone: +44 (0) 7919 990 230

About Vodafone
Vodafone is one of the world's largest tele
 
MY21
Posts: 7,101
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Price:224.25
FT
Thu 07:54
O2 deal catapults Three from smallest to biggest U.K. mobile group: Hutchison Whampoa’s £10 billion purchase of U.K. mobile group O2 from Spain’s Telefónica will catapult Three from being the U.K.’s smallest mobile group to the biggest, with an enterprise value of more than £15 billion.
cabotsquare
Posts: 7
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Price:227.65
Panr
Wed 12:04
Pantheon resources (Panr) spudding in Texas very shortly .Still only 17p .1and a half million traded this morning
MY21
Posts: 7,101
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Price:227.65
FT Breaking News
Mon 23:10
•The long road to Hutchison Whampoa's (OTCPK:HUWHY) £10.5B ($15.7B) purchase of British wireless firm O2 (NYSE:TEF) is close to its end, and a deal could be announced Tuesday morning, the Financial Times reports.
•A merger of O2 with Hutchison's Three will turn UK mobile into a three-party race, divided between the new entity, Vodafone and leader EE. It'll draw regulatory attention, but similar European deals have been approved in other countries.
•Hutchison is likely to get outside financing help, selling about 30% of the group to investors, possibly from Qatar, Singapore or Canada.
•Vodafone (NASDAQ:VOD) -- which raised competitive concerns about BT Group's acquisition of EE -- will also express concern about this tie-up, as it has a network-sharing agreement with O2.
MY21
Posts: 7,101
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Price:233.40
Daily Telegraph
Mon 08:09
MOBILE FIRMS SEEK HUGE RENT CUT FROM FARMS

Operators are mounting a campaign to slash the rents they pay on mobile masts, seeking the same status as utilities in a threat to their urban landlords - largely Britain's farmers.

Cutting the average rent from £7,500 to less than £240 would save operators £271m a year. Operators say this would help them fulfil coverage obligations.
MY21
Posts: 7,101
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Price:228.25
The Times
Mon 07:32
Hutchison ready to make £10 billion call and buy O2: A conglomerate backed by Asia’s richest man could confirm this week that it has finalised a deal to buy O2 in a move that would create Britain’s biggest mobile phone operator
MY21
Posts: 7,101
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Price:225.90
Reuters
19 Mar '15
Vodafone has reportedly reached a preliminary agreement to buy a stake in Italian fibre-optic operator Metroweb Italia SpA from investor F2i Sgr SpA.

The letter of intent to negotiate a deal had not been made public because it in non0binding and so could fall through. The letter does not contain financial details, although a source familiar with the deal said Vodafone could fund a capital increase of up to €55m.

Italy has historically performed poorly for Vodafone, with sales falling 24% between 2012 and the fiscal year ending March 2014.

However, Metroweb operates in the Milan area and allow Vodafone to improve broadband services and strengthen its position with competitors including Telecom Italia SpA, which has also sought a stake in Metroweb.

One of Vodafone's conditions on the deal is that no single provider gains majority control of Metroweb, whose shareholders include state-backed Fondo Strategico Italiano.
MY21
Posts: 7,101
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Price:217.20
Daily Telegraph
12 Mar '15
Vodafone targets November launch for internet pay-TV service: Vodafone is retuning its U.K. operation for its entry into the broadband and pay-TV markets by opening new offices, attempting to poach expert staff from rivals and forging relationships with technology suppliers.
MY21
Posts: 7,101
Off Topic
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Price:226.25
Press Coverage
6 Mar '15
Vodafone Group Plc (VOD.L) Announced that it would become one of the first organisations in the world to introduce a mandatory minimum global maternity policy. As a result, women working at all levels across Vodafone's 30 operating companies in Africa, the Middle East, the Asia-Pacific region, Europe and the US would be offered at least 16 weeks fully paid maternity leave, as well as full pay for a 30-hour week for the first six months after their return to work. Vodafone also announced today the outcome of analysis commissioned from KPMG which indicates that global businesses could save up to an estimated $19 billion annually through the provision of 16 weeks of fully paid maternity leave.
MY21
Posts: 7,101
Off Topic
Opinion:No Opinion
Price:225.00
Daily Telegraph
4 Mar '15
Mobile World Congress: EU threatens to split the West with internet rules: A major transatlantic policy split over the future of the internet has opened, with European officials preparing new rules around so-called “net neutrality” that are likely to be strongly resisted by U.S. internet companies such as Google and Netflix





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