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* Sees free cash flow of 4.5 bln eur vs 5 bln previously * Q2 EBITDA ex-items 4.4 bln eur, in line with Reuters poll * Sees 2013 EBITDA ex-items 17.5 bln vs poll avg of 17.8 bln * Shares 4.7 pct higher, outperforming sector By Harro Ten Wolde FRANKFURT, Aug 8 (Reuter
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Npower Chief, Paul Massara, has lashed out at British Gas' plans to offer free power on Saturdays, calling it a "gimmick" as he increased the standing charge for 2.0m of his own electricity customers, The Telegraph reported. Gold mining companies are working to cut costs and are preparing for a cr
Read more* Hires former Verizon Wireless CFO Andrew Davies * Moving to Nasdaq after nearly two decades on NYSE * Confirms interest in acquiring assets in Pakistan By Maria Kiselyova MOSCOW, Aug 7 (Reuters) - Russia's third-largest mobile operator Vimpelcom has hired the former fina
Read moreBy Paul Sandle LONDON, Aug 7 (Reuters) - Vodafone has turned to sports and music to set its 4G superfast mobile service apart when it finally launches in Britain later this month in competition with O2 and the well-established offer from EE. The mobile operator, the third largest afte
Read moreLONDON, Aug 7 (Reuters) - Playing catch up to market leader EE, Vodafone has turned to sports and music to persuade its British customers to upgrade to its superfast 4G service when it launches in London later this month. The mobile operator, the third largest after EE and Telefonica's O2 i
Read more(Corrects text and headline to clarify that Davies was no longer CFO of Verizon Wireless since June and was instead referred to as Vodafone's financial representative at Verizon Wireless) * Moving listing after nearly two decades on NYSE * Appoints Verizon Wireless' Andrew Davies as C
Read more(Corrects data to show Orange gained not lost clients after regulator published incorrect figures) By Anna Claeys MADRID, Aug 7 (Reuters) - Spain's mobile market shrank in June, data showed on Wednesday, dampening chances of recovery following a return to growth in May for the first t
Read morePRAGUE, Aug 6 (Reuters) - Telefonica Czech Republic is close to a cost-cutting deal to share infrastructure with rival Vodafone, newspaper Mlada Fronta Dnes reported on Tuesday, citing sources close to both companies. The deal should save the unit of Spain's Telefonica up to 152 million e
Read more* Telecom Italia CDS hits fresh year high * Analysts warn on downgrade to junk By Natalie Harrison LONDON, Aug 5 (IFR) - The cost of insuring Telecom Italia's debt against default rose on Monday, while spreads on its cash bonds widened on news that British telecoms firm Vodafone
Read moreMILAN, Aug 4 (Reuters) - British telecoms provider Vodafone Group is suing Telecom Italia for abusing its dominant position in Italy, seeking damages of more than 1 billion euros ($1.3 billion). A Vodafone spokeswoman said in an email on Sunday the civil action in Milan stated that Telecom
Read moreMILAN, Aug 4 (Reuters) - British telecoms provider Vodafone Group is suing Telecom Italia for abusing its dominant position in Italy, seeking damages of more than 1 billion euros ($1.3 billion). A Vodafone spokeswoman said in an email on Sunday the civil action in Milan stated that Telecom
Read moreNEW DELHI, Aug 2 (Reuters) - Vodafone Group Plc may be forced to sell its 4.4 percent stake in India's top telecom services provider Bharti Airtel Ltd - worth about $1 billion - after rules published on Friday outlawed crossholdings in rival telecom companies. Under the rules, no carrier ca
Read more* Eyes mobile consolidation after Hutchison talks collapse * Core profit seen falling by mid-single-digits in 2013 * Confirms plan to spin off network * Shares close 4.2 percent lower By Danilo Masoni MILAN, Aug 2 (Reuters) - Telecom Italia warned profit will fall fa
Read moreMILAN, Aug 2 (Reuters) - Telecom Italia Chairman Franco Bernabe said on Friday a price war on the Italian mobile market was unsustainable and consolidation in the market was not too far away. "This price war is unsustainable for all the players. The others are suffering as much or more than
Read moreFRANKFURT, Aug 2 (Reuters) - The supervisory and management boards of Kabel Deutschland have formally recommended a 7.7 billion euro ($10.2 billion) bid from Vodafone, they said in a statement on Friday. "The management and supervisory boards believe the value of 87 euros per share is fair
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